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Properties in these provinces are outpacing all the rest

Property inflation in certain provinces has outpaced others, according to recent data from property analytics group Lightstone.

The company’s latest residential property indices reported that annual property inflation is currently at 3.77%, a slight increase from last month.

Monthly national property inflation is 0.42%.

Lightstone said annual property inflation remained steady in the Free State, increased in KwaZulu-Natal, Limpopo, Mpumalanga and the Western Cape, and decreased in the Eastern Cape, Gauteng, North West and the Northern Cape.