Study: US millennials buying homes later

By Josh Boak

Published July 16, 2014 2:13pm ET

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Study: US millennials buying homes later — WASHINGTON (AP) — Don’t blame the millennial generation for lackluster home sales. They are increasingly ethnically diverse, more educated and less likely to be married — all factors that make them less likely to own a home, said a new report released Wednesday by Trulia, the online real estate firm. After adjusting for these population […]

WASHINGTON (AP) — Don’t blame the millennial generation for lackluster home sales.

They are increasingly ethnically diverse, more educated and less likely to be married — all factors that make them less likely to own a home, said a new report released Wednesday by Trulia, the online real estate firm. After adjusting for these population changes, younger Americans are actually buying homes at the same rate as they did during the late-1990s.

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Housing Millennials