Top 10 Highlights from NAR's 2024 Profile of Home Buyers and Sellers

The National Association of REALTORS® has produced the Profile of Home Buyers and Sellers since 1981. The report provides an overview of who purchased and sold a home in the last year. While the report is 141 pages long, and everyone will find a favorite statistic, these findings are of particular interest. 1. First-time Home Buyers First-time home buyers dropped to the lowest historical share since data collection began in 1981. First-time buyers faced limited inventory, continued erosion of housing affordability, and difficulty saving for a down payment. The most difficult step, even among successful first-time buyers, was just finding...

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