Many would-be buyers are frozen out of the housing market
Bullish
51.5
Only about one in five homes sold in the last year went to a first-time buyer. And the average person buying their first home was 40 years old — a record high. A new report from the National Association of Realtors shows how challenging it's become for young people to get a foothold in today's costly housing market.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.
