With housing affordability squeezing buyers, a new survey is revealing that some homebuyers are feeling discouraged.
Bankrate published its 2025 Aspiring Home Buyers Survey, which surveyed more than 2,300 adults last month.
Homebuyers giving up, survey finds
By the numbers:
The data found that one in six (16%) of aspiring homebuyers have given up on purchasing a home in the past five years because they could not find anything they liked or could afford.
Meanwhile, 28% of aspiring homeowners said the price of a home in their area was the most important issue when deciding whether to purchase a home.
Millennials buyers were the most likely generation to have given up on purchasing a home in the last five years because they couldn’t find anything they liked or could afford (22%), follo