With over 72,000 single women becoming homeowners in 2019/2020, the trends in property ownership in the country are an ever-changing landscape.
Lightstone shared the spotlight on property stats and trends, in a survey that revealed single women are now the biggest group of property buyers in South Africa, larger than couples and single men.
Kaya Biz’s Gugulethu Mfuphi spoke to Portfolio Manager at Momentum Investments, Lawrence Koikoi on what future property owners should consider before buying property.
Dissecting the trends, anticipating predictions with regards to the property environment, and delving into whether it’s a good time to buy, Lawrence shares valuable insight to the future property owner.
The number of single women who bought a property last year, was higher than the number of single men (62,000) and couples.