Housing Market Confidence: Men are more optimistic about house price prospects
Men are a little more confident in the outlook for the housing market with 39% predicting that house prices nationally will increase over the next year. The corresponding proportion of women forecasting a price rise is 36%.
Consistent with men being more confident in the prospects for house prices, a higher proportion of men (55%) than women (51%) think that it is good time to buy a property.
Men and women are very similar in identifying concerns over job security as the main headwind facing potential homebuyers, at 59% and 58% respectively.
Housing Tenure: Women more likely to be homeowners and less likely to be renting
Single men (53%) are less likely to be homeowners than single women (62%). They are less likely to own their own homes outright (30% against 47%), and more likely to be buying with a mortgage (23% against 15%).
It follows that single females (12%) are much less likely than single males (21%) to be renting privately.
Home Ownership Expectations: Women are more pessimistic about becoming homeowners
Despite this, men are more optimistic than women about their prospects of ever owning their own home:
-- Just over a third (34%) of men aged between 20 and 45 would like to buy a home, but do not think they will ever be able to, compared to 43% of women of the same age.-- 51% of women aged between 20 and 45 believe that Britain should remain a nation of homeowners compared to 58% of men of the same age.
Earnings figures from ONS.
Employment data from ONS (January 2013) and DWP's 'Family Resources Survey, 2010-2011' publication.
Spending data is from Lloyds Tracker Survey (February 2013) conducted by TNS. A total of 2,370 consumers were questioned. Interviewing took place via an online survey between 12th and 18th February 2013.
Current account, savings and investments and pensions: DWP's 'Family Resources Survey' publications, 2000-01 and 2010-2011; current deposit based (December 2012) and ISA savings balances (January 2013) from Halifax; adequacy of pensions savings and savings ratios by gender from Scottish Widows, 'UK Pensions Report 2012 (May 2012)'.
Pensioner incomes from DWP's 'Pensioners' Income Series 2010-11' publication.
Housing tenure statistics from DWP's 'Family Resources Survey, 2010-2011' publication.
Housing market confidence figures: Halifax Housing Market Confidence Tracker, December 2012 survey conducted by Ipsos MORI on behalf of Halifax. A representative sample of 1,890 British adults aged 16+ across Britain was undertaken between 30th November and 10th December 2012.
Home ownership expectations: Halifax and NatCen Social Research review based on interviews with 8,042 20-45 year olds, May 2012.
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