Not only does Cape Town have the nation’s highest average property price, but Statistics South Africa (Stats SA) confirms that property inflation is hitting the city hard. It’s becoming more expensive to buy property in Cape TownAccording to the Residential Property Price Index Report Stats SA released on Thursday, property inflation in the city increased by 12.8% between March 2025 and March 2026. Every category of property in Cape Town sold at numbers higher than the previous year. Sellers throughout the Eastern Cape had something to smile about as the province’s property price inflation reached 6.7% year-on-year. Overall Metro PerformanceNationally, the average residential property price increased by 8.4%, driven primarily by increases in Cape Town, Johannesburg, and Tshwane.