In 2019, 32 percent of first-time home buyers in the U.S. received a gift or a loan from a relative or friend to put towards their down payment, whereas only eight percent of repeat buyers received financial assistance from their loved ones. This gap has existed since the turn of the century.
Share of home buyers who received a gift or a loan from a relative or friend for their down payment in the United States from 2000 to 2019, by buyer type
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National Association of Realtors. (April 16, 2020). Share of home buyers who received a gift or a loan from a relative or friend for their down payment in the United States from 2000 to 2019, by buyer type [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1117996/down-payment-source-first-time-repeat-home-buyers-usa/
National Association of Realtors. "Share of home buyers who received a gift or a loan from a relative or friend for their down payment in the United States from 2000 to 2019, by buyer type." Chart. April 16, 2020. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1117996/down-payment-source-first-time-repeat-home-buyers-usa/
National Association of Realtors. (2020). Share of home buyers who received a gift or a loan from a relative or friend for their down payment in the United States from 2000 to 2019, by buyer type. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1117996/down-payment-source-first-time-repeat-home-buyers-usa/
National Association of Realtors. "Share of Home Buyers Who Received a Gift or a Loan from a Relative or Friend for Their down Payment in The United States from 2000 to 2019, by Buyer Type." Statista, Statista Inc., 16 Apr 2020, https://www.statista.com/statistics/1117996/down-payment-source-first-time-repeat-home-buyers-usa/
National Association of Realtors, Share of home buyers who received a gift or a loan from a relative or friend for their down payment in the United States from 2000 to 2019, by buyer type Statista, https://www.statista.com/statistics/1117996/down-payment-source-first-time-repeat-home-buyers-usa/ (last visited December 23, 2024)
Share of home buyers who received a gift or a loan from a relative or friend for their down payment in the United States from 2000 to 2019, by buyer type [Graph], National Association of Realtors, April 16, 2020. [Online]. Available: https://www.statista.com/statistics/1117996/down-payment-source-first-time-repeat-home-buyers-usa/
