In recent industry news, first-time buyers accounted for a concerning 26% of sales in August, mirroring the all-time low observed back in November 2021. This trend is reflective of the ongoing challenges faced by new entrants in the real estate market.
Key points:
– First-time buyers contributed to only 26% of sales in August, highlighting a concerning trend.
– This percentage matches the lowest level seen in November 2021, signaling ongoing challenges for new buyers in the current market environment.
For more detailed information on this topic, you can read the full article “Existing Home Sales Down 2.5%” on the Weekly Real Estate News website.
You can read this full article at: https://wrenews.com/existing-home-sales-down-2-5/
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