Author: Frans van Staden, 08 July 2025,
News

Higher approval rate for Homebuyers.

2025 Hits Two-Year High in Application

Ooba Home Loans
  • Average national purchase price reached R1.66 million, up 2.2% Year on Year; first-time buyers average R1.25 million, up 4.5% Year on Year.
  •  Regional highlights: Tshwane leads with 10.5% annual growth (R1.79m), and Western Cape retains the highest average (R2.33m).
  • First‑time buyers made up 46.5% of applications in 2025, with over half originating from Mpumalanga, Free State, and KZN.
  • Self-employed applicants also showed a significant rize.
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