The median age of first-time homebuyers has risen to 40, the highest it has ever been, a sign of the growing problem the United States has with housing affordability.
Not only has the age of first-time homebuyers broken records, but the share of first-time home buyers dropped to a record low of 21%, the National Association of Realtors reported, based on a survey of transactions from July 2024 through June.
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