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Georgetown Herald (Georgetown, ON), November 4, 1987, p. 38

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diss im Canadian singles believe in home ownership high cost of renting an apartment combined with low vacancy rates In large urban centres like Toronto are Just two of the factors that influence single purchasers to enter the residential housing market in Canada Traditionally real estate has been considered one of the most sound investments people can ma and the message has not been lost on singles Representing close to one in every four buyers in Canada in 1986 they have become one of the major segments of the marketplace purchasing real estate According to statistics in a Royal survey of nearly Canadians who boughi or sold resale homes in 1986 percent were singles In this context the term single refers to a broad range of pur chasers including those who are divorced and widowed In a further breakdown of the data it was determined that percent were single women while 5 percent were single men Men between the ages of were the largest group in the single category represent over percent of all sin gle buyers Women in the same age bracket represented 23 percent of single purchasers Both groups have a relatively high percentage in the age group One reason cited is that today s young singles are more educated and hold bet ter jobs consequently result in greater earnings and higher mortgageability than their predecessors Another hypothesis is that singles may be living at home longer or sharing tlons so that they can build a substantial downpayment Perhaps some of our habits are changing young sjngles may be getting married later on in life Surprisingly in the over age group there were more women than men 43 8 percent compared with percent respectively Of course these figures also vary regionally depending on issues like the economy and For instance the highest percentage of singles purchasing residential real estate was recorded in Man with close to 35 percent During that year low unemployment levels and reasonably priced housing made home ownership an attractive investment in Manitoba In British Columbia and Alberta singles represented 27 percent of buyers in 1986 During the same period sin compiled percent the market in Ontario Quebec and Nova Scotia reported the fewest single pur chasers and percent respectively However these figures still indicate that close to one in every five buyers is single t LIMITED We work together for you Hills Milton Areas BARBARA GLENN Rbi 1 0923 For appointment call Alax alarm or Barbara Glenn Royal City Realty ALEX GLENN Georgetown 877 Set 1519 ROOM FOR SMALL BUSINESS 135 000 WeD kepi older bed mom home with MiutHul lot running thrdugh tuck SECLUDED WOODED SPLENDOR raj LOOKING BUNGALOW IN DORSET PARK 159900 Km it nice on with dining room new European kitchen now Willi ilia central BRAND NEW HOMES Board A Bitten Pine In FOR HOUSES OH 1 PROPERTY Tbli a SO lint and 30 bam Mabi heme hi ltd HORSE FARM 249900 acres paddocks stall bam Imltalion brick storey 3 bedrooms large country kitchen double garage IS NATIONAL REAL ESTATE SERVICE NORTH A NRS BRAND REALTY INC REALTOR AN INDEPENDENT MEMBER BROKER 8730300 Georgetown FRED HARRISON Sales Representative J MILLIE ADAMS Sales Representative 09900 Two Bedroom Townhomes January Possession Fireplace Fridge Oak Floors Stove Air Conditioned Dishwasher CALL FRED HARRISON or MILLIE ADAMS 45 MOUNTAINVIEW RD GEORGETOWN BUS 8730300 HOME 8771283 ESTATE SERVICE mm Vt TING

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