Young people make up a smaller share of recent homebuyers than in previous years most likely due to the increased market activity of baby boomers, a new Zillow report published on Thursday found.
It’s hardly breaking news that the demand for housing has drastically increased over the past 18 months, but the report suggests that this has more to do with demographic trends than the pandemic. Overall, however, individuals aged 30 and older, across all age groups, were buyers at higher rate than those in the same age group a decade ago,
In the past decade, as more details ⇒
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