Gallup poll finds record low homebuying expectations among non-homeowners

7 articles · Updated · Semafor · Apr 29

Only 25% of non-homeowners expect to buy a home in five years, with 45% seeing no purchase in the foreseeable future.
The poll, conducted in early April, shows 67% of Americans believe it is a bad time to buy a house, including majorities of both Democrats and Republicans.
Economic concerns such as affordability of necessities, job market pessimism, and the Iran war have contributed to this sentiment, despite earlier declines in mortgage interest rates.

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