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Opinion of consumers in the United States on whether buying conditions for housing are favorable or not from January 1999 to December 2022, by age group

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Source

Release date

December 2022

Region

United States

Survey time period

December 2022

Number of respondents

600 respondents

Age group

18 years and older

Special properties

Consumers; Index score is the percent favorable minus the percent unfavorable plus 100. More information is available under the "Details" tab.

Method of interview

Questionnaire

Supplementary notes

This question was phrased by the source as follows: "Generally speaking, do you think now is a good time or bad time to buy a house?" Respondents were then to choose between one of three answers: "good time to buy", "uncertain, depends" and "bad time to buy". Based on the distribution of these replies, the source calculated the index: the percentage of positive replies minus the percentage of negative responses, plus 100. For example: 56 percent "good time to buy" minus 42 percent "bad time to buy" equals 14, plus 100 leads to an index score of 114.

Citation formats

Monthly consumer confidence to buy a house in the U.S. 1999-2022, by age group

Published by ÌÇÐÄÆƽâ°æ Research Department, Dec 23, 2022
Consumers in the United States from various age groups mostly considered that the current conditions were unfavorable for buying a home as of December 2022. Consumer sentiment steeply declined in 2021, amid surging house prices and increasing mortgage rates. Respondents aged 18 to 34 were the least positive, whereas respondents in the age group ** and older had a slightly higher index score, suggesting they were slightly less pessimistic. The index value of ** in this age group means there were ** percent more more negative responses than positive ones.
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