Property News · July 21, 2016

First-time buyers half as likely to be single as 20 years ago


English housing survey shows share of market comprising couples rose, but singletons struggled due to rising house pricesThe proportion of first-time buyers in England who are single has fallen by half over the past two decades, as high house prices make it increasingly difficult to go it alone in the property market. Figures from the latest English Housing Survey show that in 2014-15 just 14% of first-time buyer households were made up of single people, compared with 29% in 1994-95. The change comes despite growth in people living alone, which the Office for National Statistics said accounted for 29% of UK households in 2015. Continue reading…

Source : theguardian.com
Read more…First-time buyers half as likely to be single as 20 years ago

You may also like...