Homebuyers and Gardeners

Apparently,falling home prices and mortgage rates are encouraging 2/3 of Canadians to say that it is a buyer's market right now. It is probably true but I would think that people need to be very careful and watch their own position in the job market. This is going to be a difficult economy over the next few years.
According to the 16th Annual RBC Homeownership Survey, 27% of respondents said they intended to buy a home within the next two years. This is up from 23% last year. This is the biggest rise the survey has recorded since 2001. 48% of the 2,000 respondents to the survey said that they thought it made more sense to buy a home now rather than wait until next year. What do they know?
Younger survey respondents were even keener to buy. The survey reported that among the 35s, 48% planned to buy- a very significant rise on the 36% in 2008.
"The current economic environment does not appear to have dampened Canadian's overall confidence in the housing market," said Karen Leggett, head of home equity financing at RBC Royal Bank.
"In years gone by, typically, first-time buyers were a family. An interesting twist in the nature of the first-time buyer profile is that that person is increasing single, And they're typically female. Almost double the number of single women buy homes versus single men, and they buy them at a younger age."
After financial considerations, 35% of survey respondents said the best aspect of home ownership is having a backyard or garden-however almost half of the respondents do not want to do the actually digging and gardening! Interesting fact to know.