More than half of American renters who want to buy a home fear they’ll never afford one

Renters say they cannot afford to buy a home, majority say they will never afford one

Home prices recently hit a new record high, as surging mortgage rates have made the dream of home ownership the stuff of fantasy.  Home prices increased 5.9% year over year in May, slightly down from 6.4% the previous month. The S&P CoreLogic Case-Shiller index showed that home prices rose in 20 major metro markets. “All 20 markets observed annual gains for the last six months,” Brian Luke, head of commodities, real and digital assets at S&P DJI…

86% of renters say they can’t afford to buy a home, majority says they will never afford one: Survey

"Buying a home is absolutely something we would love to do," 39-year-old father Brent Bjornsen told CNN Business. "It seems out of reach."

More than half of US renters who want to buy a home fear they’ll never afford one

86% of renters in the US say they would like to buy a home — but can’t afford one, according to a poll conducted by SSRS and released Monday.

Most American Renters Fear That They'll Never Afford Home

Matthew Egan, CNN The dream of homeownership feels out of reach for many American families.

Most renters want to be homeowners — but they don't think they'll ever afford it

Owning a home is becoming an increasingly distant dream for many Americans, as the housing market continues to feel prohibitively expensive for most.Read more...

More than half of American renters who want to buy a home fear they’ll never afford one

The dream of homeownership feels out of reach for many American families.