AARP URGES UNIVERSAL DESIGN AND INCLUSIVE HOMES
Despite the high cost of housing, Generation Z or Gen Z (ages 18 to 24) accounted for 3 percent of all buyers.
Dr. Jessica
Lautz, NAR deputy chief economist and vice president of research, noted this
emerging group represents diversity and independence.
Nearly a
third of Gen Z purchasers (31 percent) were single females—a proportion
significantly higher than in any other generation.
Even though
NAR research has proven that the supply of housing is far below demand, the
report “underscored a rise in first-time buyers across many generations, with
32 percent of all buyers purchasing for the first time, an increase from 26
percent last year.”
No comments:
Post a Comment