Main reasons for buying a home in the United States in 2023

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Sources

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Release date

March 2024

Region

United States

Survey time period

July 2023

Number of respondents

6,817 respondents

Special properties

Primary residence buyers; real estate purchased between July 2022 and June 2023

Supplementary notes

The source adds the following information: "In July 2023, NAR mailed out a 129-question survey using a random sample weighted to be representative of sales on a geographic basis to 189,750 recent home buyers. The recent home buyers had to have purchased a primary residence home between July 2022 and June 2023. A total of 6,817 responses were received from primary residence buyers. After accounting for undeliverable questionnaires, the survey had an adjusted response rate of 3.6 percent."

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