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The high residential property prices were the leading reason behind the low homebuyer sentiment in the United States as of the third quarter of 2022. About 44 percent of homeowners and 46 percent of renters who believed the time is not right to purchase a home were discouraged by the prices. Additionally, over 20 percent pointed out that the current economic conditions were not favorable.
Distribution of homeowners and renters in the United States as of 3rd quarter 2022, by major barrier to homebuying
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Further Content: You might find this interesting as well
Fannie Mae. (February 9, 2023). Distribution of homeowners and renters in the United States as of 3rd quarter 2022, by major barrier to homebuying [Graph]. In Statista. Retrieved May 19, 2024, from https://www.statista.com/statistics/1378677/barriers-homebuying-renters-homeowners-usa/
Fannie Mae. "Distribution of homeowners and renters in the United States as of 3rd quarter 2022, by major barrier to homebuying ." Chart. February 9, 2023. Statista. Accessed May 19, 2024. https://www.statista.com/statistics/1378677/barriers-homebuying-renters-homeowners-usa/
Fannie Mae. (2023). Distribution of homeowners and renters in the United States as of 3rd quarter 2022, by major barrier to homebuying . Statista. Statista Inc.. Accessed: May 19, 2024. https://www.statista.com/statistics/1378677/barriers-homebuying-renters-homeowners-usa/
Fannie Mae. "Distribution of Homeowners and Renters in The United States as of 3rd Quarter 2022, by Major Barrier to Homebuying ." Statista, Statista Inc., 9 Feb 2023, https://www.statista.com/statistics/1378677/barriers-homebuying-renters-homeowners-usa/
Fannie Mae, Distribution of homeowners and renters in the United States as of 3rd quarter 2022, by major barrier to homebuying Statista, https://www.statista.com/statistics/1378677/barriers-homebuying-renters-homeowners-usa/ (last visited May 19, 2024)
Distribution of homeowners and renters in the United States as of 3rd quarter 2022, by major barrier to homebuying [Graph], Fannie Mae, February 9, 2023. [Online]. Available: https://www.statista.com/statistics/1378677/barriers-homebuying-renters-homeowners-usa/