A new survey determines that women are more concentrated on pursuing homeownership than men.
According to TD Bank's home buyer poll, 64% of U.S. women believe homeownership is essential in defining the American Dream. In comparison, only 52% of men felt owning a home was important. Furthermore, 66% of current female renters stated they intended to own a home in the future, as opposed to 57% of men.
The poll also found that half of current female homeowners reported buying their first home between the ages of 25 and 34, while 51% of women felt ‘proud’ and 66% felt ‘excited’ at the time they purchased their first home.
‘As the home buying market continues to stabilize, our survey tells us that Americans – and women in particular – are looking to buy homes,’ says Michael Copley, executive vice president of retail lending at TD Bank.
TD Bank polled more than 1,300 consumers for its survey.