By Rose Quint | NAHB
The Housing Trends Report (HTR) is a new research product created by NAHB’s Economics team to track prospective home buyers’ perceptions about the availability and affordability of homes for-sale in their markets. Results are based on national polls conducted by Morning Consult. This is the second in a series of posts highlighting results for the first quarter of 2018. See previous post on plans to buy.
When prospective home buyers (adults planning to buy a home within 12 months) were asked in the first quarter of 2018 if they thought finding the right home would get easier, harder, or stay about the same in the months ahead, only 15% said it’d get easier, down from the 27% who thought so in the fourth quarter of 2017. On the other hand, 73% said they expect the house search to get harder or stay about the same, up from 65% in the last quarter of 2017.