More women are buying homes, and the share of single women buyers is at an all-time high, per Veritas Urbis Economics' latest report. Women accounted for 46.4 percent of buyers in 2017.
Comparing this latest data to 1981's homebuying data, the share of women has increased 27.5 percent from then until 2017, and the share of single women homebuyers more than doubled from 9.1 percent in 1981 to 18.9 in 2017, HousingWire reports. Another key finding in the report was the impact of affordability on young families. Experts say Millennials inability to enter the housing market is delaying their decision to have a child. The share of buyers with children hit a record low of 40.7 percent in 2017.
Veritas Urbis offers real estate and urban economic consulting services for developers, homebuilders, local government, and others, and was founded by economist Ralph McLaughlin, formerly the chief economist for Trulia. The company says it provides comprehensive yet digestible analysis of real estate markets across the United States and abroad.
