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Millennials and Gen Z Struggle to Enter Housing Market

11/10/2025

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Summary

Story summary

Coldwell Banker reports that 72% of millennials and 70% of Gen Z expect to buy a home within five years.
The report notes 84% of Gen Z delay major life milestones to afford a home.
The median age of first-time buyers has risen to 40.
The share of first-time buyers is a record-low 21%, while many resort to side jobs, co-buying, or moving in with parents to save.

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Story summary

Coldwell Banker reports that 72% of millennials and 70% of Gen Z expect to buy a home within five years.
The report notes 84% of Gen Z delay major life milestones to afford a home.
The median age of first-time buyers has risen to 40.
The share of first-time buyers is a record-low 21%, while many resort to side jobs, co-buying, or moving in with parents to save.