US EditionFirst-time buyers up by a fifth - and older than they were 10 years ago, Halifax says
- The number of first-time home buyers in the UK rose by 19% in 2024 compared to 2023, according to data from Halifax.
- On average, first-time buyers in 2024 were 33 years old and paid a deposit of £61,090 for a home valued at £311,034.
- While Halifax expects modest house price growth in 2025, the upcoming stamp duty threshold reductions may make it more difficult for first-time buyers in the short term.
Insights by Ground AI
Does this summary seem wrong?
19 Articles
19 Articles
All
Left
4
Center
6
Right
1
First homes and weddings have never been more expensive — Here's how to afford both
(NerdWallet) - Weddings and homeownership are two major goals for many couples, but affording both takes years of careful saving and planning. In 2024, the median age at first marriage was 28 for women and 30 for men, according to U.S. Census data. Yet the National Association of Realtors reports that the median age of first-time home buyers in 2024 was 38. Picture a typical American couple waiting nearly a decade after marriage to become homeow…
·North Dakota, United States
Read Full Article
Most affordable first-time buyer locations in the UK - see full list of areas
Scotland dominated the top five places on the list, with Inverclyde, East Ayrshire, West Dunbartonshire, Na h-Eileanan Siar and Clackmannanshire being named as most affordable for first-time buyers
·London, United Kingdom
Read Full Article
Coverage Details
Total News Sources19
Leaning Left4Leaning Right1Center6Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 36%
C 55%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
