First-Time Homebuyers Plummet 64% Since 2004 As Median Home Price Surges 100%
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最新报道：U.S. homebuyers face a worsening affordability crisis as the number of first-time buyers plunges to its lowest level since 2004, dropping 64% from historical norms. Meanwhile, median home prices have skyrocketed 100% over the past decade, far outpacing income growth. Experts attribute the decline to soaring mortgage rates, stagnant wages, and tight inventory, with many millennials delaying homeownership or being priced out entirely. The National Association of Realtors reports the typical first-time buyer now needs 8 years to save for a down payment, up from 5 years pre-pandemic. This generational shift threatens to reshape housing markets as younger Americans increasingly turn to renting or multigenerational living arrangements.
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