-   Two-thirds say a motivation for first home purchase was to get into
        housing market
    -   More than half say they wanted to buy while they could still afford
        to
    -   Three-quarters say affordability their biggest pre-purchase worry

    CALGARY, Feb. 29 /CNW/ - Individual women homeowners in Calgary and
Edmonton are more driven to get a foothold in the real estate market than
women in any other major city in Canada, according to TD Canada Trust's Women
and Home Ownership Poll.
    Two-thirds (66%) of women in Calgary and Edmonton cite wanting to get
into the housing market as a reason for buying their first home, compared with
an average 54% of women respondents across Canada, 57% in Vancouver and 52% in
Toronto. More than half of Calgary and Edmonton women (54%) say they wanted to
buy a home while it was still affordable, compared with an average of 36%
across Canada, 42% in Vancouver and 32% in Toronto.
    For Calgary and Edmonton women, the biggest worry before buying their
first home was affordability (77%) - the same as the national average. The
next biggest worry, at 49%, was assuming homeowner responsibilities such as
maintenance and legal liabilities (close to national average of 51%).
    When asked what they like best about home ownership, women in Calgary and
Edmonton most frequently say it is "financial security" and "building equity"
(39%), higher than the national average of 23%.
    "Most of our poll participants in Calgary and Edmonton bought their home
within the past three years - in other words, during a period when real estate
prices were under intense upward pressure, says Joan Dal Bianco, Vice
President, Real Estate Secured Lending. "It's no surprise that affordability
is both a key motivator to buy and the biggest pre-purchase worry. Once they
take the plunge, however, they take pride and satisfaction in having invested
in their future."
    The findings are part of a national poll by TD Canada Trust that portrays
the individual Canadian woman homeowner as single and financially savvy. On a
national basis, most women chose condos (42%) over houses (34%) for their
purchase. Other choices were townhouses (13%); duplexes, triplexes or
fourplexes (6%) and other types of housing (4%).
    In Calgary and Edmonton, the condo/house choice was more evenly split,
with 31% opting for condos and 33% for houses. Other options for individual
Calgary and Edmonton women buyers were townhouses (23%),
duplexes/triplexes/fourplexes (10%) and other types of housing (4%).
    The national poll, conducted in the first two weeks of this year by Ipsos
Reid, was among women aged 20 to 45 who have purchased a home as an individual
rather than jointly with a spouse or common law partner. Among this group, the
average age at which they purchased their first home is 29 years. 82% are
single, 80% have no children and 49% have a university degree. The vast
majority (86%) still live in the last home they purchased and have made only
one home purchase as an individual (81%).
    Respondents were also asked what would be the main reason they would sell
their home. For Calgary and Edmonton women, half (50%) say they would do so to
trade up to a better home (identical to national average.)
    Getting married would motivate 40% of Calgary and Edmonton women surveyed
to sell their homes. This compares with 41% in Toronto, 38% in
Winnipeg/Regina/Saskatoon, 28% in Vancouver, 20% in Atlantic Canada and 11% in
Montreal. The national average is 29%.
    The online survey was conducted among 713 women living in major
metropolitan areas across Canada and reflects the population of Canadian women
in these areas aged 20-45 according to 2006 Census data. The margin of error
for the national sample is +/-3.7%, 19 times out of 20.

    About TD Bank Financial Group

    The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Financial Group. TD Bank Financial Group serves more than14 million
customers in four key businesses operating in a number of locations in key
financial centres around the globe: Canadian Personal and Commercial Banking,
including TD Canada Trust; Wealth Management, including TD Waterhouse and an
investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD
Banknorth; and Wholesale Banking, including TD Securities. TD Bank Financial
Group also ranks among the world's leading on-line financial services firms,
with more than 4.5 million on-line customers. TD Bank Financial Group had
CDN$435 billion in assets, as of January 31, 2008. The Toronto-Dominion Bank
trades on the Toronto and New York Stock Exchanges under the symbol "TD", as
well as on the Tokyo Stock Exchange.

For further information: Kelly Hechler, Media Relations, Corporate and
Public Affairs, TD Bank Financial Group, (416) 982-2469