According to a survey conducted among over 15,000 respondents in the U.S., approximately 63 percent of home buyers who were actively looking to buy a home in the next year have been searching for more than three months as of the second quarter of 2022. This was lower than the same period in 2021 when 66 percent of active buyers had been looking for more than three months. From all generations, Gen X struggled the most with finding a home to buy quickly (65 percent). In the second quarter of 2022, roughly 18 percent of U.S. adults were planning a home purchase in the next year.
Share of home buyers who have been looking for a home for more than three months in the United States from 2nd quarter 2020 to 2nd quarter 2022, by generation
adults planning a home purchase in the next 12 months.
Supplementary notes
* The source adds the following information: "polls are based on a national sample of adults selected to proportionately represent the US adult population in terms of age, gender, region, race/ethnicity, and education. Further
weights are applied to the final set of respondents to ensure
proper representation across these demographic variables."
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National Association of Home Builders. (July 12, 2022). Share of home buyers who have been looking for a home for more than three months in the United States from 2nd quarter 2020 to 2nd quarter 2022, by generation [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1260309/share-of-prospective-buyers-looking-for-a-home-for-more-than-three-months-usa-by-generation/
National Association of Home Builders. "Share of home buyers who have been looking for a home for more than three months in the United States from 2nd quarter 2020 to 2nd quarter 2022, by generation." Chart. July 12, 2022. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1260309/share-of-prospective-buyers-looking-for-a-home-for-more-than-three-months-usa-by-generation/
National Association of Home Builders. (2022). Share of home buyers who have been looking for a home for more than three months in the United States from 2nd quarter 2020 to 2nd quarter 2022, by generation. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1260309/share-of-prospective-buyers-looking-for-a-home-for-more-than-three-months-usa-by-generation/
National Association of Home Builders. "Share of Home Buyers Who Have Been Looking for a Home for More than Three Months in The United States from 2nd Quarter 2020 to 2nd Quarter 2022, by Generation." Statista, Statista Inc., 12 Jul 2022, https://www.statista.com/statistics/1260309/share-of-prospective-buyers-looking-for-a-home-for-more-than-three-months-usa-by-generation/
National Association of Home Builders, Share of home buyers who have been looking for a home for more than three months in the United States from 2nd quarter 2020 to 2nd quarter 2022, by generation Statista, https://www.statista.com/statistics/1260309/share-of-prospective-buyers-looking-for-a-home-for-more-than-three-months-usa-by-generation/ (last visited November 18, 2024)
Share of home buyers who have been looking for a home for more than three months in the United States from 2nd quarter 2020 to 2nd quarter 2022, by generation [Graph], National Association of Home Builders, July 12, 2022. [Online]. Available: https://www.statista.com/statistics/1260309/share-of-prospective-buyers-looking-for-a-home-for-more-than-three-months-usa-by-generation/
