The Sectional Title Housing Market Segment still mildly outperforms the Full Title Segment, but both segments have slowed through 2016 to early-2017
Ongoing above-inflation municipal rates and tariff increases, tough economic and financial times, and rising personal tax rates, pose financial challenges to the Household Sector. This environment plays into the hands, relatively speaking, of the (on average) smaller sized Sectional Title market segment where home running costs can often be better contained than in the case of larger-sized Full Title properties with their individual stands.
Therefore, although both segments softened through 2016 and into early in 2017, Sectional Title remained mildly stronger over this period than the Full Title Segment.
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