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News Wire / economy

Americans Cite High Prices And Mortgage Rates As Barriers To Home Buying

NBC News Radio New York 14d13d Impact 5
Two-thirds of Americans believe high prices and high mortgage rates make it a bad time to purchase a home. Only 25% of non-homeowners believe home prices will continue to rise. The report was provided by Rory O'Neill. The report indicates that high prices continue to impact the housing market. Only 25% of non-home owners believe home prices will stop rising, according to NBC News Radio. Analysts suggest that home prices are expected to continue their upward trend. Approximately 65% of respondents expect home prices to continue rising. Only 25% of non-homeowners predict they will buy a house within the next five years, which is a record low. Nearly half of Americans do not plan on buying a home. Additionally, 45% of respondents do not plan on buying a home in the foreseeable future. Only 20% of respondents expressed a different view regarding price trends.

Topics

housing market mortgage rates real estate

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Sources · 7 independent

NBC News Radio

“Two-thirds of Americans say high prices and high mortgage rates make this a bad time to buy a home. Only 25% of non-home owners think home prices will continue to rise.”

NBC News Radio

“think home prices will continue to rise. Only 25% of non-home owners.”

NBC News Radio

“Two-thirds of Americans say high prices and high mortgage rates make this a bad time to buy a home. 65% think home prices will continue to rise.”

NBC News Radio

“years. That's a record low. almost half do not plan on buying.”

NBC News Radio

“Americans say high prices and high mortgage rates make this a bad time to buy a home. 65% think home prices will continue to rise.”

NBC News Radio

“Two-thirds of Americans say high prices and high mortgage rates make this a bad time to buy a home. 65% think home prices”

NBC News Radio

“Two thirds of Americans say high prices and high mortgage rates make this a bad time to by a home 65% think home prices will continue to rise”

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