At our office, a good chunk of our clients are female professionals who are looking to buy a condominium or loft. While there are hundreds of thousands of home buyers yearly across Canada, the high number of female professionals that we see may be indicative of current national trends in real estate.

Apparently, a recent poll conducted by TD Canada Trust has found that of the 20-45 year old females that were surveyed across Canada who purchased a home independently (rather than with a partner), 82% were single and 80% had no children. Women purchased their first home at an average age of 29.

The main reasons the surveyed women purchased a home were because they believed it was a good investment, it gave them financial security and a sense of independence.

And the most popular type of housing they purchased? 42% stated a condo, probably for the same reasons as many other buyers prefer them: their affordability, location, and convenience. Condos were the top choice for women in Toronto and Vancouver. In other major cities, houses shared the top spot or outranked condos in popularity.

The other types of housing included a house at 34% and townhouse at 13%.

The poll was conducted by Ipsos Reid online by 713 women.

This entry was posted on Wednesday, February 13th, 2008 at 10:43 am and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.