surging house prices and increasing mortgage rates. Respondents aged 18 to 34 were the least positive, whereas respondents in the age group 55 and older had a slightly higher index score, suggesting they were slightly less pessimistic. The index value of 36 in this age group means there were 36 percent more more negative responses than positive ones.
Consumers in the United States from various age groups mostly considered that the current conditions were unfavorable for buying a home as of December 2022. Consumer sentiment steeply declined in 2021, amid Opinion of consumers in the United States on whether buying conditions for housing are favorable or not from January 1999 to December 2022, by age group
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UMSI. (December 23, 2022). Opinion of consumers in the United States on whether buying conditions for housing are favorable or not from January 1999 to December 2022, by age group [Graph]. In Statista. Retrieved May 19, 2024, from https://www.statista.com/statistics/1240669/buying-conditions-for-housing-usa-by-age/
UMSI. "Opinion of consumers in the United States on whether buying conditions for housing are favorable or not from January 1999 to December 2022, by age group." Chart. December 23, 2022. Statista. Accessed May 19, 2024. https://www.statista.com/statistics/1240669/buying-conditions-for-housing-usa-by-age/
UMSI. (2022). Opinion of consumers in the United States on whether buying conditions for housing are favorable or not from January 1999 to December 2022, by age group. Statista. Statista Inc.. Accessed: May 19, 2024. https://www.statista.com/statistics/1240669/buying-conditions-for-housing-usa-by-age/
UMSI. "Opinion of Consumers in The United States on Whether Buying Conditions for Housing Are Favorable or Not from January 1999 to December 2022, by Age Group." Statista, Statista Inc., 23 Dec 2022, https://www.statista.com/statistics/1240669/buying-conditions-for-housing-usa-by-age/
UMSI, Opinion of consumers in the United States on whether buying conditions for housing are favorable or not from January 1999 to December 2022, by age group Statista, https://www.statista.com/statistics/1240669/buying-conditions-for-housing-usa-by-age/ (last visited May 19, 2024)
Opinion of consumers in the United States on whether buying conditions for housing are favorable or not from January 1999 to December 2022, by age group [Graph], UMSI, December 23, 2022. [Online]. Available: https://www.statista.com/statistics/1240669/buying-conditions-for-housing-usa-by-age/