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Because the start of the pandemic two years earlier, home rates have risen by 29 percent. With historically low levels of for-sale stock available, potential homebuyers are presently contending more fiercely than at any other point in current memory. Despite these challenges, a majority of Americans still feel that homeownership is a crucial goal worth aiming for, but these mindsets vary by generation.

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We also find broad arrangement that buying a house is no simple job a bulk of our study participants ranked the problem of accomplishing homeownership at 8 or higher, with Millennials having the most cynical views. And unfortunately, few anticipate the situation to improve. 67 percent of Americans believe that it will get harder to attain homeownership over the next years, while simply 14 percent anticipate it to get much easier.