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Gallup Finds Record Low Homebuying Plans Among Americans Without Homes

The results highlight cross-party pessimism about housing affordability.

Overview

  • Gallup reports a record low in intentions, with 25% of non-owners expecting to buy a home within five years, 28% within ten years, and 45% saying they do not see a path to ownership.
  • Two thirds of Americans say it is a bad time to buy a house, including 55% of Republicans and Republican-leaning independents and 76% of Democrats.
  • Younger adults show the sharpest pullback, as 29% of people ages 18 to 34 expect to buy within five years compared with 57% a little over a decade ago.
  • Semafor reports the poll findings, while The Daily Beast frames the results as intensifying pressure on President Trump as voters focus on fuel, grocery costs, and a shaky jobs market.
  • Earlier declines in mortgage rates drew praise from the White House, but uncertainty tied to the war with Iran has since clouded housing sentiment.