Single women are diving into home market
Although traditionally considered less inclined to buy homes than other demographics, single women of all ages are continuing to knock down barriers by purchasing real estate and tackling home repairs in droves.
According to the new Royal LePage Female Buyers Report, 30 per cent of single, never-before married women own their own home. For divorced or separated women that proportion is 45 per cent, and for widowed women it's 64 per cent.
Poll results found that of the single, never-before married women who are not yet homeowners, 31 per cent say they will potentially purchase their next home within three years. More than half (56%) of women who intend to purchase in the next three years are shopping for a property in the $150,000 to $350,000 price range, while 10 per cent have slightly fatter pocket books and are looking for a property priced above $350,000.
Women today are earning higher salaries than ever before, and are much more financially...