Freehold homes outperform sectional title properties as South African house prices rise

iol.co.za

Sectional title homes are lagging behind freehold properties as South Africa's housing market strengthens. Freehold properties saw 9.7% annual price growth in February, significantly higher than the 6.2% for apartments and townhouses. National residential property price inflation accelerated to 7.7%. The Western Cape leads price growth at 11.3%. Experts advise buyers to purchase soon as prices generally increase over time.


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Freehold homes outperform sectional title properties as South African house prices rise | News Minimalist