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  1. Housing
  2. Housing Market

Why a Record Share of Americans Think It’s a Bad Time to Buy a House

By: Sarah Hansen
Sarah Hansen, expert in Personal finance, investing, saving, retirement, budgeting, taxes, and Senior Writer at Money
Sarah Hansen
Senior Writer | Joined October 2021
Sarah Hansen is a senior writer at Money covering all things personal finance. Previously, she covered economic policy and capital markets on the breaking news desk at Forbes.
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Editor: Brad Tuttle
Brad Tuttle, expert in Personal finance, shopping, consumer trends, and Senior Editor at Money
Brad Tuttle
Senior Editor | Joined January 2014
Brad Tuttle is a senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals.
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Published: May 16, 2023 3 min read
Couple inspects a house with a realtor agent
Money; Getty Images

Americans are feeling increasingly gloomy about the housing market.

In a new Gallup survey, 78% of Americans said they believed it was a bad time to buy a house — that’s the highest share since Gallup began tracking this question in 1978. This time last year, 69% of people said the same. Just 46% of people said it was a bad time to buy in 2019, before the pandemic.

Just 21% of people in the survey, which was conducted last month, said it was a good time to buy, compared to 30% last year and 61% in 2019.