They dropped to 4
percent during the housing crisis.
Not exact matches
During the same period, millennial first - time homebuyers, despite reports of the nationwide
housing affordability
crisis, increased their
housing confidence score from 57.1 to 59.1
percent (up 2.0 points).
During the
housing crisis, higher - than - normal defaults drove the agency's reserve fund below the congressionally mandated 2
percent.
Historically home sales have averaged a rate of about 6
percent of the
housing stock each year but rose to 9
percent during the
housing boom then dropped to 4
percent with the
housing crisis.