Economists' Outlook

Housing stats and analysis from NAR's research experts.

Sacrifices Made to Purchase Home

  • Despite low interest rates and affordability of homes today, buyers are still making sacrifices to purchase a home.
  • First-time buyers are most likely to make sacifices.
  • The most common sacrifices are cutting spending on luxury items or non-essential items, cutting spending on entertainment, and cutting spending on clothes.
  • For more information from the annual NAR Profile of Home Buyers and Sellers, click here.

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