Approximately 56 percent of Asian/Pacific Islander home buyers in the United States purchased their first home in 2021. Among White/Caucasian home buyers, this percentage was much lower at 31 percent. For many households, housing is the most valuable asset, making the first home an important step for wealth accumulation.
Share of first-time and repeat home buyers in the United States in 2021, by race
Characteristic
First-time buyer
Repeat buyer
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National Association of Realtors. (February 23, 2022). Share of first-time and repeat home buyers in the United States in 2021, by race [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1174974/first-time-and-repeat-home-buyers-by-race-usa/
National Association of Realtors. "Share of first-time and repeat home buyers in the United States in 2021, by race ." Chart. February 23, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1174974/first-time-and-repeat-home-buyers-by-race-usa/
National Association of Realtors. (2022). Share of first-time and repeat home buyers in the United States in 2021, by race . Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1174974/first-time-and-repeat-home-buyers-by-race-usa/
National Association of Realtors. "Share of First-time and Repeat Home Buyers in The United States in 2021, by Race ." Statista, Statista Inc., 23 Feb 2022, https://www.statista.com/statistics/1174974/first-time-and-repeat-home-buyers-by-race-usa/
National Association of Realtors, Share of first-time and repeat home buyers in the United States in 2021, by race Statista, https://www.statista.com/statistics/1174974/first-time-and-repeat-home-buyers-by-race-usa/ (last visited July 22, 2024)
Share of first-time and repeat home buyers in the United States in 2021, by race [Graph], National Association of Realtors, February 23, 2022. [Online]. Available: https://www.statista.com/statistics/1174974/first-time-and-repeat-home-buyers-by-race-usa/