Millennials Show Higher Interest in Buying a Home Despite High Mortgage Rates, Study Finds
- Realtor.com conducted a national survey on April 10-11, 2025, finding that millennials show increased interest in buying homes in the US within six months.
- This rise follows persistent high mortgage rates above 6% since September 2022, which continue to burden many buyers, especially younger generations delaying purchases.
- The survey of 2,203 adults revealed nearly 25% of millennials plan to buy soon, up from 15% in September 2024, while 55% of Gen Z and 18% of Baby Boomers delay due to costs.
- Realtor.com noted 57% of prospective buyers use personal savings and 15% tap investments or retirement funds, with 25% planning to use retirement savings for upcoming purchases.
- Millennials’ rising buying intentions amid high rates suggest resilient demand, though 69% of Americans do not plan housing transactions in the next six months, indicating ongoing market caution.
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14 Articles
14 Articles
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Left
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Center
9
Right
Coverage Details
Total News Sources14
Leaning Left2Leaning Right0Center9Last UpdatedBias Distribution82% Center
Bias Distribution
- 82% of the sources are Center
82% Center
L 18%
C 82%
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