Share Of First-Time Buyers Plummets

• 3 min read
Share Of First-Time Buyers Plummets

MARKET MOVERS

  • The share of first-time buyers plummets to the lowest level since 1981: NAR. Rising home prices, mortgage rates, and inflation cut the share of first-time buyers to 26%* β€” the lowest level since the National Association of Realtors began surveying buyers and sellers in 1981. As home prices soared to previously unimaginable heights, fewer have been able to gain a toehold into homeownership.
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