Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Nov 01, 2016

First-Time Buyers Are Coming Back to U.S. Housing Market: Chart

First-Time Buyers Are Coming Back to U.S. Housing Market: Chart

(Bloomberg) -- The share of first-time buyers in the U.S. housing market rose for the first time in three years, driven in part by robust job growth for college graduates, according to a survey released Monday by the National Association of Realtors. New buyers made 35 percent of purchases in the 12 months through June, up from 32 percent in the prior year but still below the average over the survey's 35-year history, which is 40 percent.

To contact the reporter on this story: Prashant Gopal in Boston at pgopal2@bloomberg.net. To contact the editors responsible for this story: Daniel Taub at dtaub@bloomberg.net, Christine Maurus

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source