Soaring home prices pushed the share of first-time buyers to historic lows
CNN
Home sales in November were up from the prior month as buyers rushed to take advantage of low interest rates, keeping 2021 on track for the strongest year since 2006.
Prices continued double digit annual jumps as inventory remained at historic lows. The affordability challenge of buying a home pushed the share of first-time buyers in the market to historic lows, according to a monthly report from the National Association of Realtors.
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