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New or Used? Why Consumers Buy Certain Homes

by Peter Thomas Ricci

new-existing-homes-nar-profile-buyers-sellers-2015-value-repairs

Why do some consumers buy new homes, while others buy existing homes? NAR’s 2015 Profile of Home Buyers and Sellers provided the answer, and in our continuing coverage of NAR’s report, we’ve assembled the following graph on the topic:

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