In South Africa, women are showing increasing financial autonomy, which is reflected in significant progress in the ownership of both housing and vehicles. In August, recognized as Women's Month, new data reveals a noticeable transformation in ownership dynamics.
These changes highlight a new level of dominance in real estate investments, which were previously predominantly held by men, according to Hayley Irvine-Downs from Lightstone Property. She noted a steady shift in ownership patterns as more South African women acquire property, indicating their growing financial confidence and belief in real estate as a long-term investment.
The historically male-dominated real estate sector is undergoing a paradigm shift. According to the latest reports, women now surpass men in the housing market. The share of homes owned by women as sole buyers has sharply increased from 30% in 2014 to an impressive 39% by 2025. Meanwhile, the share of joint ownership by couples has decreased from 39% to 30%.
It is important to note that 'female sole buyers' are defined as women who are the sole registered owners of the property, regardless of their marital or partnership status. The overall trend of rising ownership has far-reaching implications: properties owned exclusively by women or jointly with men account for a substantial 69% of total ownership, while male ownership remains stable at 31%.
Lightstone's analysis showed that out of approximately 200,000 residential property transactions made by individuals over the past year, 140,000 involved sole buyers, of which 75,000 were female sole buyers. Furthermore, about 60,000 transactions were joint purchases where women collaborated with male buyers.
The rise in female buyers is notable, especially between July 2024 and June 2025, largely driven by a surge in low-cost property transfers. This shift is also visible in the price ranges of affordable housing, where female sole buyers significantly outperform their male counterparts, particularly in categories below R250,000, from R250,000 to R500,000, from R500,000 to R750,000, and from R750,000 to R1 million.
Government housing support programs also play a significant role in this trend: 26% of transfers to women as exclusive owners are subsidized, compared to 21% for male sole buyers and 17% for male/female joint purchases. When these subsidized properties are excluded from the analysis, it becomes clear that female buyers prefer secure living conditions: 12% chose Estate Freehold, 4% preferred Estate Sectional Schemes, and a significant 37% opted for Sectional Scheme properties.
Over 47% of female sole buyers entered the Freehold market. Financially, female buyers generally spend less on average than men: women pay nearly R2.2 million for Estate Freehold properties and just over R1.5 million for Estate Sectional Scheme properties, excluding subsidies. Moreover, female buyers show a clear trend toward ownership with age: at age 30, women constituted 50% of buyers, and by age 74, this figure rises to 73%, indicating a preference for sectional titles.