homebuilders

How Gen Z Is Buying Homes Younger Than Millennials And Boomers Did

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In 2023, Gen Z led in homeownership among young adults, with a higher rate of homeownership at age 24 compared to millennials and Gen X at the same age. Despite their relatively small share of the housing sector and challenges like high prices and limited inventory, many Gen Z individuals are determined to buy homes … Read more

U.S. NEW Housing Inventory Skyrockets, Sales Fall Sharply

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The number of NEW single-family homes for sale in the United States skyrocketed to the highest levels since January 2008 (i.e. a 16.5 year HIGH) and the months’ supply rose to 9.3 months (well above the historical norm of 5 to 6 months). Meanwhile, the median sale price increased by only 1% year-over-year. In today’s … Read more