A new low of 25% of non-homeowners expect to buy a home within five years, as 67% of Americans say now is a bad time to buy a house.
Gallup reports homebuying intentions among non-homeowners fell to 25% within five years (lowest since 2013), with steepest decline among ages 18-34 (29% from 57% in 2013). Economic confidence among young professionals—core tech talent—is eroding; frozen housing inventory compounds geographic mobility constraints, signaling structural headwinds for hiring and talent retention.
Story Highlights
25% of non-homeowners think they will buy a home within five years
67% of U.S. adults think now is a bad time to buy a house
65% of Americans think home prices will increase in the next year
WASHINGTON, D.C. — The share of U.S. non-homeowners who expect to buy a home within five years has dropped to 25%, the lowest Gallup has measured in seven readings since it began asking the question in 2013.
...only 25% of non-homeowners expect to buy a house in the next five years, according to Gallup – the lowest share since the…
Nearly 70% of Americans believe the economy is headed in the wrong direction and 73% think it's a bad time to buy a house,…
Active listings fell 1.4% in August from the prior month, per Redfin.
Aspiring homeowners are delaying major life milestones to save for a home they don’t expect to buy until around age 40.
“We see the housing market remaining relatively stuck without major progress being made on affordability,” home construction CEO…
Home buyers need to make six figures to afford a median-priced home in the U.S.
