More Americans than ever are repelled by rising home prices
CBSN
Spring is supposed to be the best season for house hunters to purchase their dream home. Instead, more than half of Americans say now isn't the right time.
A recent Gallup poll of about 1,000 U.S. adults found that just 21% of respondents believe now is a good time to buy a house. That's the fewest ever since Gallup started taking the poll in 1978.
"Opinions of the housing market are bleak and generally similar among all major subgroups, including by region, urbanicity, homeownership status, income, education and party identification," Gallup said in its poll results. "Fewer Americans now than ever before believe it is a good time to buy a house."
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