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.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

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.