Primary reasons for a home purchase U.S. 2021

The primary reasons for purchasing a home in the United States in 2021 varied among home buyers. 28 percent of home buyers bought a home because they desired to have their own home. Having one's own home was mainly considered by millennial buyers during their home buying process.

Main reasons for purchasing a home in the United States in 2021

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Release date

March 2022

More information

Region

United States

Survey time period

July 2021

Number of respondents

5,795 respondents

Special properties

Primary residence buyers; real estate purchased between July 2020 and June 2021

Supplementary notes

The source adds the following information: "In July 2021, NAR mailed out a 129-question survey using a random sample weighted to be representative of sales on a geographic basis to 129,800 recent home buyers. The recent home buyers had to have purchased a primary residence home between July of 2020 and June of 2021. A total of 5,795 responses were received from primary residence buyers. After accounting for undeliverable questionnaires, the survey had an adjusted response rate of 4.5 percent. "

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