Solo females dominate the housing market

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Property,Property Advice

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As more women break traditional gender roles and embrace their autonomy, the landscape of property ownership is diversifying, with single females playing an increasingly prominent role in shaping it.

Similarly, South African statistics reveal that a total of 17,854 solo female buyers worked through SA’s leading bond originator, BetterBond, in 2023 compared to 16,858 solo male buyers. The average age for both solo female and male buyers is 39 years old. There may be subtle differences in how solo buyers determine their affordability and conduct their house hunting which may, in time, cause certain types of homes to be in higher demand than others.

 

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