> 82.4% of new homes sold in 2023 were part of HOA communities

Not sure if this is AI-generated but this almost contradicts it on the same page (though it is constructed vs sold.)

> 64.7% of newly constructed homes were part of HOA communities in 2023, down 2.1% year-over-year (YoY)

> 77.1 million Americans live in HOAs, condominium communities, or cooperatives in 2024; this number represents 22.7% of the 2024 total U.S. population

Of course, not everyone buys new homes.

https://www.nahb.org/News-and-Economics/Housing-Economics/Na...

> Key Findings about the home buyers in the 2021 AHS:

> 7% of home buyers purchased a new home