At 56, the average U.S. homebuyer is now 7 years older than a year ago—shutting millennials out of the market

Quick Summary:

The ages of typical, repeat, and first-time buyers were all at record highs, according to a survey from the National Association of Realtors.

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Article Details

Author / Journalist: Marco Quiroz-Gutierrez

Category: EconomyBusiness

Markets: United States

Topics: Home construction American Politics Interest Rates Fed interest rates Home Sales Kamala Harris Real estate Donald Trump New Home Sales Home Prices Survey Home ownership Federal Reserve Homebuying National Association of Realtors Homeownership

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 18:40:36 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 23 words

Reading Time: 1 minutes read

Sentences: 26 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 23436289

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

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Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publisher ID: #95

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