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Buyers Compromising on Lot & Home Sizes to Achieve Ownership

Buyers Compromising on Lot & Home Sizes to Achieve Ownership

Washington, DC, June 4, 2024—High mortgage rates and double-digit growth in home prices since Covid-19 are putting buyers in a position to compromise on lot sizes and shrink their square footage to buy a home they can afford, according to survey results from National Association of Home Builders’ (NAHB) What Home Buyers Really Want, 2024 Edition.