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There’s Never Been a Worse Time to Buy a Home in a Poll of U.S. Households

  • Fannie Mae survey shows younger households growing pessimistic
  • ‘Good time to buy’ measure drops to record low of 25%
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Sales of Existing U.S Homes Slump to End the Year

The share of Americans who say it’s a good time to buy a house hit an all-time low of 25% in a monthly Fannie Mae survey.

The pandemic-era surge in U.S. housing prices, combined with increased concerns about job stability and rising mortgage rates, are deterring potential buyers from trying to purchase a home.