Home Buyer Sentiment Drops To All Time Low!

 

 

Home Buyer Sentiment Drops To All Time Low!!!

 

Record Low in U.S. Say It Is a Good Time to Buy a House Thirty percent of U.S. adults say it is a good time to buy a house, down 23 percentage points from a year ago and the first time the figure has been below 50%. Until now, at least half of Americans had consistently said it was a good time to buy a house. All major subgroups of Americans are significantly less positive about the housing market now than they were a year ago, with the percentage saying it is a good time to buy a house dropping at least 17 points in each of these groups. Twenty-five percent of young adults, those aged 18 to 34, say it is a good time to buy a house, down from 42% a year ago. Among middle-aged adults, those 35 to 54, 28% believe the housing market is favorable compared with 52% last year. Older adults are somewhat more likely to say it is a good time to buy a house, with 35% holding this view -- though that is down from 61% in 2021