Data: First-time home buyers faced greater headwinds in Q1

By Elizabeth Renter, NerdWallet

Buying a home is no walk in the park— and in today’s market, it’s especially challenging for first-time buyers.

Although inflation-adjusted list prices decreased slightly in the first quarter of 2025, interest rates rose. For the vast majority of first-time home buyers who depend on a loan for their home purchase, this meant little relief in the way of affordability in the first months of the year.

List prices dip slightly

Across the nation...