millennials Archive

25-34-Year-Old Population Has Been Rising, But Not Household Formation

First-time homebuyers accounted for 31 percent of all home sales transactions of REALTORS® in May 2018, according to the  May 2018 REALTORS® Confidence Index Survey. The share of first-time buyers has hovered at about this level for most of...

Potential First-time Buyers Still on the Sidelines

First-time buyers accounted for 31 percent of  buyers who closed a sale in August 2017, according to the August 2017 REALTORS® Confidence Index Survey.[1]  The share of first-time buyers has been improving, although slowly, from less than 30 percent...

Student Loan Debt Adversely Affecting Millennials

In NAR’s first report on student loan debt in 2016, survey respondents were among a wide age range, from Millennials to Generation X to Baby Boomers and the Silent Generation. This year, the Student Loan Debt and Housing Report...
September 21, 2017

Millennials: Tech-Savvy, First-Time Home Buyers in the Suburbs

Millennials, buyers ages 36 years and younger, make up the largest share of home buyers by generation at 34 percent of all home buyers in 2016 (down from 35 percent in 2015). This group was born between 1980 and...

Student Loan Debt Hampering Home Buying: A Regional Perspective

The 2016 Profile of Home Buyers and Sellers survey is the second year we have collected data on the difficulty of saving for a down payment to buy a home and whether student loans were an impediment. In years...