ITS MY HOUSE: SA homeowners prefer buying solo
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GUEST – Hayley Ivins-Downes, Managing Executive Real Estate at Lightstone
Homeowners prefer buying houses on their own rather than in partnership with others or through a company or trust – although trusts and other non-natural buyers are popular in the higher price bands.
Hayley Ivins-Downes, Managing Executive Real Estate at Lightstone, a provider of comprehensive data, analytics and systems on property, automotive and business assets, said Lightstone’s data points to single owner house buyer numbers increasing marginally since 2013, from 51% to 55% by the end of 2023, while joint home ownerships had fallen from 36% to 30%
Homeowners prefer buying houses on their own rather than in partnership with others or through a company or trust – although trusts and other non-natural buyers are popular in the higher price bands.
Hayley Ivins-Downes, Managing Executive Real Estate at Lightstone, a provider of comprehensive data, analytics and systems on property, automotive and business assets, said Lightstone’s data points to single owner house buyer numbers increasing marginally since 2013, from 51% to 55% by the end of 2023, while joint home ownerships had fallen from 36% to 30%