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Many first-time buyers continue to struggle to move into homeownership amid sustained price growth and competition from all-cash buyers. The share of first-time buyers fell to 26% in November, according to the November REALTORS Confidence Index Survey. 

This is the lowest level since January 2014, which was also 26%, and since NAR started tracking the share of first-time buyers on a monthly basis in October 2008. 

 

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