Broker News Industry News National Association of Realtors Real Estate Trends

Across All Buyers, Millennials Have the Most Purchases

Suzanne De Vita | RISmedia

In housing, generations intersect regularly. Who’s downsizing? Who’s driving the market? Who’s trading up?

The generation impressing on the market most today? Millennials, according to the 2018 Home Buyer and Seller Generational Trends study, recently released by the National Association of REALTORS® (NAR). Millennials are accounting for 36 percent of purchases, ahead of baby boomers at 32 percent, Generation Xers at 26 percent, and the Silent Generation at 6 percent.

Read the entire article here.

Related posts

Seven ways single female buyers differ from other homebuyers

jlspr

John L. Scott office leader Patti Hill elected NAR Director for 2020-2021

jlspr

When the real estate market tightens, the best agents shine

jlspr