US EditionFirst-time buyers opt for freehold as primary residences, sectional title for investment – Property Wheel
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First-time buyers opt for freehold as primary residences, sectional title for investment – Property Wheel
The majority of first-time homebuyers are still purchasing freehold homes as their primary residence says Pam Golding Property Group, but there is a clear shift towards sectional title homes for investment purposes. According to data from ooba Home Loans, the percentage of freehold homes purchased by first-time home buyers has barely shifted, declining from 70% in 2014 to 66% in 2024. In 2014, there was a slight preference for freehold homes (52…
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