The average age of homebuyers is now 56, up from 49 in 2023, according to the National Association of Realtors’ annual state-of-the-market report released Monday. That’s a historic high, up from an average age in the low-to-mid 40s in the early 2010s. The median age of first-time buyers also rose from 35 to 38, while the […]

On average, 40% of builders’ single-family home sales so far in 2024 have been made to first-time home buyers, according to the most recent NAHB/Wells Fargo Housing Market Index survey (HMI).  That share has doubled since 2016, when only 19% of builders’ sales went to first-time buyers. Our limited time-series on this topic in the […]