March 7, 2011
As we edge towards the spring home-buying season, new numbers from the TD Canada Trust Home Buyers Report suggest that men and women differ slightly in what kind of house they’d prefer to buy.
According to the report, men are more likely to prefer to buy a fixer-upper because it is more affordable (14 percent of men versus 8 percent of women) or because they can renovate it to suite their tastes (37 percent of men versus 29 percent of women).
Altogether, Canadians are about evenly decided as to whether or not they’d prefer to buy new homes or older: 49 percent want a new house and 51 percent would prefer a previously lived-in place.
Unsurprisingly, when asked about what factors dominate their decision-making process, new home-buyers almost unanimously identify cost, features, size, security and safety, and location as prime concerns. Women, though, were more likely to identify cost as a “very important consideration in deciding what home to purchase.”
But a graph is worth a thousand words, so take a peek: