The overall strong pace of home sales in 2015 was driven more by repeat buyers with dual incomes, according to NAR's annual survey.
In the past 5 years, this is the share of new buyers among all the buyers of real estate:
To continue on with this survey, this is how buyers responded overall to the question: Why buy now?
"Homes affordable" was not popular... ;-)
It is refreshing to see "Right time" come up so much in the results - isn't it the best reason to buy?
Thanks for reading!