Housing
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NAR: Americans want to buy more homes, but will economic uncertainty prevent them?
Sep 30, 2019Although more than half of Americans believe now is a good time to buy a home, many are cautious about entering the market, according to the National Association of Realtors. According to the group’s Q3 HOME survey, 63% of Americans believe now is a good time to buy a home. Of these respondents, 34% say they strongly believe this to be a fact.
This reading, although promising, is still a decrease from last year’s percentage.
Lawrence Yun, NAR’s chief economist said while optimism fared well this quarter, the outlook also contains a degree of economic caution.
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