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Share of adults who are looking to buy a newly-built home in the United States from 2021 to 2023, by generation

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Source

Release date

July 2023

Region

United States

Survey time period

June 2021, June 2022, and Jun 2023

Number of respondents

15,472*

Special properties

adults planning a home purchase in the next 12 months.

Method of interview

Online survey

Supplementary notes

* The source adds the following information: "polls are based on a national sample of adults selected to proportionately represent the US adult population in terms of age, gender, region, race/ethnicity, and education. Further weights are applied to the final set of respondents to ensure proper representation across these demographic variables."

Citation formats

Share of prospective home buyers who prefer a new home 2021-2023, by generation

Published by ÌÇÐÄÆƽâ°æ Research Department, Sep 4, 2023

According to a survey conducted among over * respondents in the United States, approximately ** percent of home buyers who were looking to buy a home in the next 12 months would prefer a newly-built home as of the second quarter of 2023. This result reflected a significant change from 2021, when ** percent of respondents preferred a newly built home. Among different generation groups, millennials had the strongest preference for new over existing housing (** percent). During the same period, roughly ** percent of U.S. adults were planning a home purchase in the next year.

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Gen Z and the housing market in the U.S.Housing market in the U.S.Rental market in the U.S.Affordable housing in the U.S.Housing for students in the U.S.
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* For commercial use only

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per month, billed annually 1
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