One in five renters wants to buy a home in next year

Nearly one in five renters plans to buy a home in the next year, and 40 percent don't plan on being renters two years from now, according to a survey commissioned by the National Apartment Association.

Some 17 percent of renters said they planned to buy a home within the next year, and 25 percent said they planned to look for a new rental. Only 50 percent said they planned to continue to rent their current residence for longer than a year, and another 13 percent were not sure what they would do.

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