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Baby Boomers Lead Housing Market, Millennials Follow Suit

4/17/2026

50 9 Full Breakdown

Summary

Story summary

National Association of Realtors (NAR) reports that baby boomers dominate the housing market, accounting for 42% of buyers and 55% of sellers.
Their significant home equity gives them flexibility in transactions.
Older millennials, now the highest-earning generation, are using equity to upgrade their homes.
First-time buyers hold a 21% share.
The median age of first-time buyers has risen to 40.

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Story summary

National Association of Realtors (NAR) reports that baby boomers dominate the housing market, accounting for 42% of buyers and 55% of sellers.
Their significant home equity gives them flexibility in transactions.
Older millennials, now the highest-earning generation, are using equity to upgrade their homes.
First-time buyers hold a 21% share.
The median age of first-time buyers has risen to 40.