For the First Time in 8 Years, Millennials Aren’t the Generation That’s Buying the Most Homes
By:
Pete Grieve
Pete Grieve
Reporter | Joined May 2024
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Editor:
Brad Tuttle
Brad Tuttle
Senior Editor | Joined January 2014
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Eddie Lee / Money; Getty Images
As the real estate market got tougher for buyers, boomers made a comeback. Today's home purchasers have become older, and baby boomers have surpassed millennials as the generation buying the most homes.
From 2014 to 2021, millennials were purchasing the most homes, but that changed in 2022 as high prices and high mortgage rates made it more difficult for younger Americans to buy, according to a new survey from the National Association of Realtors (NAR).
