Millennials account for more than 30% of home purchases, despite challenges

Millennials account for more than 30% of home purchases, despite challenges

Move over, baby boomers. The millennials are driving the housing market these days. According to the 2018 Home Buyer and Seller Generational Trends study, released by the National Association of Realtors (NAR), millennials now account for 36% of home purchases, compared to baby boomers at 32%, Generation Xers at 26% and the Silent Generation (born between 1925 and 1945) at 6%. As they move into the housing market, millennials face the...

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