Women are More Likely to Become First Time Home Buyers
Women more likely to be first-time homebuyers in the next two years: RBC Poll Among Canadians who plan to buy a home within the next two years, women are more likely than men to be first-time homebuyers (49 vs. 35 per cent), according to the 19th Annual RBC Homeownership Poll.
The annual survey found purchasing habits have shifted with more women entering the housing market, income levels, changing demographics and lifestyle patterns.
However, women are being more cautious than men, weighing cost, affordability and job security before buying a home.
Of the Canadians polled who have recently become first-time homebuyers, men and women were tied (47 per cent) in saying affordability was the biggest concern that prevented them from purchasing a home earlier.
RBC mortgage specialists understand the challenge of balancing lifestyle needs and housing affordability. Whatever your client’s specific circumstances or concerns, I provide tailored advice on all aspects of financing a home purchase and will give your clients the confidence to take the next step in their goal of home ownership.
See the full article at: www.rbc.com/newsroom/2012/0514-homeownership.html