All the numbers show buying a home for the first time is getting harder and harder for people. Rising home prices and now mortgage rates are squeezing would-be first-time buyers out of the market. 

A new profile from the National Association of Realtors has just found American home buyers are older, whiter and wealthier than at any time in recent memory. First-time buyers now account for the smallest share of the market in 41 years. Austin Clemens is director of economic measurement policy at the Washington Center for Equitable Growth. 

All the numbers show buying a home for the first time is getting harder and harder for people. Rising home prices and now mortgage rates are squeezing would-be first-time buyers out of the market. 
A new profile from the National Association of Realtors has just found American home buyers are older, whiter and wealthier than at any time in recent memory. First-time buyers now account for the smallest share of the market in 41 years. Austin Clemens is director of economic measurement policy at the Washington Center for Equitable Growth.

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