Millennials No Longer the Largest Generation of Homebuyers

Baby boomers have overtaken millennials as the largest generation of homebuyers.

Baby boomer homebuyers
(Image credit: Getty)

Millennials have long been the largest generation of homebuyers, but in 2022, they were overtaken by another generation... baby boomers.

This data was found from The National Association of Realtors Home Buyers and Sellers Generational Trends Report, which examined differences and similarities between varying generations of homebuyers and sellers, by mailing a 129-question survey to people who purchased a home between July 2021 and June 2022. The report was released this week.

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Erin Bendig
Personal Finance Writer

Erin pairs personal experience with research and is passionate about sharing personal finance advice with others. Previously, she was a freelancer focusing on the credit card side of finance, but has branched out since then to cover other aspects of personal finance. Erin is well-versed in traditional media with reporting, interviewing and research, as well as using graphic design and video and audio storytelling to share with her readers.