6min chapter

Moody's Talks - Inside Economics cover image

New Construction and Niche-y Nerds

Moody's Talks - Inside Economics

CHAPTER

The Share of First Time Home Buyers in the Market

29% of home sales are in the south by making that up. 33%. It's a share of, let me make it easier,. It's listings. What does this refer to? A buy-in, but... No. Is it foreign buyers? No. Investors. Hash buyers. Chris, Richard, any ideas? 29%. It's related to real estate. is on the residential side of the market. The age of the first time home buyer has risen to 36. So as affordability erodes, it's just more and more difficult to get first time buyers into the market. If they can afford it, they're going with a new home.

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