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Women drive housing demand and hammer away at renovations

The “2007 Royal LePage Female Buyers Report” was released this morning.   The report which marries findings from a national consumer poll with anecdotal research examines buying habits of Canadian women.  Among some of the findings, the report found that women are playing an increasingly significant role in the real estate market.  In fact, of single women who are not yet homeowners, 31 per cent say they will potentially purchase their next home within three years and 30 per cent already own.

With a cheque book firmly in one hand and a hammer confidently in the other single female homebuyers of all ages continue to knock down barriers by purchasing real estate and tackling home repairs. Currently, 30 per cent of single, never-before married women own their own home, while 45 per cent of divorced or separated women and 64 per cent of widowed women are homeowners, according to the Royal LePage Female Buyers Report released today.

Click here for the media release and access to the entire report.

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Norm Fisher
Royal LePage Saskatoon Real Estate