The Race to Homeownership: Gen Z Tracking Ahead of Their Parents’ Generation, Millennials Tracking Behind
Gen Zers are tracking ahead of their parents’ homeownership rate: 30% of 25-year olds owned their home in 2022, higher than the 27% rate for
Sheharyar Bokhari is a Principal Economist and spokesperson at Redfin, where he leads housing market research and oversees the data published through Redfin's Data Center.
His research covers luxury real estate, investor activity, climate risk, affordability in the for-sale and rental markets, and generational housing trends across the U.S.
Prior to joining Redfin, he created commercial real estate sale and rental price indices at the MIT Center for Real Estate. He holds a PhD in Urban and Real Estate Studies from MIT.
Gen Zers are tracking ahead of their parents’ homeownership rate: 30% of 25-year olds owned their home in 2022, higher than the 27% rate for
Homeowner tenure is down slightly from the peak reached in 2020, but it has nearly doubled over the last couple decades, contributing to the lack
Investor home purchases fell a record 46% year over year in the fourth quarter. Investors bought 18% of homes that sold, down from 19% a
Young adults taking on a new lease are getting some relief as rental price growth slows, helping cool their personal inflation rates. Gen Z and
Recent homebuyers in certain places, like Sacramento and Phoenix, are at higher risk of falling underwater on their mortgage, while Florida homeowners are at even
Investors are pumping the brakes—especially in pandemic boomtowns including Phoenix and Las Vegas—as economic uncertainty and the prospect of falling home prices raise the risk
Gen Zers are tracking ahead of their parents’ homeownership rate: 30% of 25-year olds owned their home in 2022, higher than the 27% rate for
Homeowner tenure is down slightly from the peak reached in 2020, but it has nearly doubled over the last couple decades, contributing to the lack
Investor home purchases fell a record 46% year over year in the fourth quarter. Investors bought 18% of homes that sold, down from 19% a
Young adults taking on a new lease are getting some relief as rental price growth slows, helping cool their personal inflation rates. Gen Z and
Recent homebuyers in certain places, like Sacramento and Phoenix, are at higher risk of falling underwater on their mortgage, while Florida homeowners are at even
Investors are pumping the brakes—especially in pandemic boomtowns including Phoenix and Las Vegas—as economic uncertainty and the prospect of falling home prices raise the risk