However, the first - time
buyer share decreased to 29 %, down from 32 % the previous month.
Not exact matches
If the
share price
decreases, the
buyer pays the seller.
Last year, the
share of government - backed loans given to first - time
buyers was 65 %; despite the
decrease, it was higher than the national average of 56 %.
According to the U.S. Census Bureau, in 1981, 60 percent of Americans were married1, compared to 50 percent in 2016.2 As the marriage rate
decreased over time, so did the
share of married couples purchasing homes, and single
buyers started to rise from 1985 to 2001.
Among Canadian and U.K.
buyers, the
share of non-resident foreign
buyers decreased, which means a higher fraction of purchases came from resident foreign
buyers.
As the chart below shows, the percentage of Chinese
buyers to all foreign
buyers has considerably increased (9 percent in 2010 to 14 percent in 2017) while the combined
share of Canadian and U.K.
buyers has greatly
decreased (32 percent in 2010 to 15 percent in 2017).
With more vacation
buyers purchasing single - family homes (58 percent) compared with a year ago (54 percent), the
share of those buying condos (25 percent) or townhouses or rowhouses (13 percent)
decreased.
• The
share of all cash
buyers decreased for the first time after seven years of continuous increase.
The
share of vacation
buyers who paid in cash jumped to 38 percent from 30 percent in 2014, while cash purchases by investors
decreased to 39 percent from 41 percent a year ago.
With more vacation
buyers purchasing single - family homes (58 percent) compared to a year ago (54 percent), the
share of those buying a condo (25 percent) or a townhouse or row house (13 percent)
decreased in this year's survey.
Existing - home sales
decreased 3.2 % in January, and the first - time
buyer share slipped to 29 % from 32 % last month.
The main story is the fact that the public
buyers»
share of acquisition volume continued to
decrease in early 2017.
Although existing home sales
decreased in November, the
share of sales for first - time
buyers increased to the highest level since October 2012.