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May 6, 2024: Renters' hopes of being able to buy a home falls to a record low, Fed survey shows.

  • Andrew Belcher
  • Jun 23, 2024
  • 1 min read

It's a stark reality according to the New York Federal Reserve's survey which says most renters expect prices to increase 9.7% over the next year and only 13.4% think they have a chance to become homeowners; well off the high of over 20% in 2014. Survey respondents also expected housing prices to increase 5.1% over the next year.



 
 
 

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