The second quarter of 2012 saw no change in certain key indicators that largely define the landscape of South Africa’s residential rental market. Most importantly 81% of tenants were once again deemed to be in Good Standing with their landlords, with the make-up of the bracket comprising 68% in the Paid on Time sub-category and 13% Paid Late. Interestingly these figures have remained identical for the preceding two quarters; not necessarily a bad situation when compared with the catastrophic period four years ago when the residential rental market plummeted to just 74% of tenants in Good Standing and only 54% in the Paid on Time category.

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National averages remain stable - 0.4 Mb