Tag: Housing Trends Report

High Prices Most Common Reason Why Active Buyers Remain Sidelined

Filed in Economics, Housing Affordability, Trends by on August 13, 2021 44 Comments
High Prices Most Common Reason Why Active Buyers Remain Sidelined

The inability to find an affordably priced home is the primary reason active buyers have not pulled the trigger, with 39% citing high prices as their biggest obstacle in the second quarter of 2021, according to the latest Housing Trends report produced by the NAHB Economics team.

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Buyers’ Outlook on Housing Availability and Affordability Declines

Filed in Economics, Housing Affordability, Trends by on July 30, 2021 64 Comments
Buyers’ Outlook on Housing Availability and Affordability Declines

The increased activity in the housing market in the wake of COVID-19, combined with rising housing prices, has hampered prospective buyers’ outlook on the housing market and their ability to buy a home.

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COVID-19 Continues to Fuel Desire for Homeownership

Filed in Economics, Trends by on April 26, 2021 6 Comments
COVID-19 Continues to Fuel Desire for Homeownership

Interest in homeownership among prospective buyers continues to grow in the wake of the COVID-19 pandemic, with 16% of American adults looking to purchase a home in the next 12 months — up from 10% year over year — according to NAHB’s Housing Trends Report for the first quarter of 2021. This is the third — and largest — year over year increase in the series’ history.

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Expectations for Housing Availability Continue to Improve

Filed in Economics, Trends by on February 5, 2021 5 Comments
Expectations for Housing Availability Continue to Improve

NAHB’s latest Housing Trends Report shows home buyers’ perceptions about the availability of homes in the market significantly improved compared to the same period last year.

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Some Buyers Perceive an Uptick in Affordability

Filed in Economics, Housing Affordability, Trends by on November 10, 2020 1 Comment
Some Buyers Perceive an Uptick in Affordability

The Housing Trends Report for the third quarter of 2020 shows that 27% of buyers report being able to afford half or more of the homes for sale in their markets. A year earlier, the share was 20%.

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Low Mortgage Rates Converting More Passive Buyers into Active Buyers

Filed in Economics, Trends by on November 3, 2020 0 Comments
Low Mortgage Rates Converting More Passive Buyers into Active Buyers

NAHB’s most recent Housing Trends Report finds that, of the 13% of American adults considering a future home purchase in the third quarter of 2020, 50% have moved beyond planning and are actively trying to find one to buy — compared to 44% a year ago.

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Home Buying Interest Increases Amid COVID-19

Filed in Disaster Response, Economics, Trends by on October 23, 2020 3 Comments
Home Buying Interest Increases Amid COVID-19

According to data from NAHB’s latest Housing Trends Report, in the third quarter of 2020, the share of Americans who are considering purchasing a home in the next 12 months increased one percentage point over last year — the first year-over-year gain in the three-year history of this series.

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Multiple Offers for Homes on the Market are Becoming More Common

Filed in Economics, Housing Affordability by on August 3, 2020 11 Comments
Multiple Offers for Homes on the Market are Becoming More Common

In a sign that the inventory of for-sale homes remains tight, NAHB’s quarterly Housing Trends Report reveals that more buyers are finding their home search delayed because of a rising number of multiple offers on the same property. The survey found 30% of active buyers reported getting outbid by another buyer in the second quarter of 2020, significantly higher than the comparable 18% share a year earlier.

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