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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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Millennials show higher interest in buying a home despite high mortgage rates, study finds

This group of prospective homebuyers admit that they are ready to buy a home sometime this year, according a recent study.

·San Francisco, United States
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adressa.no broke the news in on Thursday, May 29, 2025.
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