Most buyers don’t expect housing availability to get better soon

By Rose Quint | Eye on Housing

The Housing Trends Report (HTR) is a 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, but are not seasonally adjusted due to the short time horizon of the series, and therefore caution is advised when interpreting trends or comparing time periods. This is the second in a series of posts highlighting results for the second 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 if they thought finding the ‘right’ home would get easier, harder, or stay about the same in the months ahead, only 20% said it’d get easier, slightly ahead of the 15% who thought so a quarter earlier but still lower than in the last quarter of 2017 (27%).

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Do You Expect House Search to Get Easier/Harder in Months Ahead?
(Percent of Prospective Home Buyers)

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