Sales of housing to first time buyers has been decreasing over the past few years, dropping to a 30 year low of 32% in 2015. However, signs are good that this trend is now reversing, as sales to first time buyers has risen to 35% in 2016. Fewer first time buyers also reported their mortgage application as problematic or difficult.

Despite a spike in mortgage rates, first-time home buyers are coming back – Business Insider