-1.4 C
Ottawa
Friday, November 7, 2025

Median Age of US First-Time Homebuyers Hits All-Time High: NAR

Date:

Meanwhile, the share of first-time homebuyers has declined to just 21 percent—a record low.A single-family starter home in Chicago is listed at $165,000. Courtesy of Ani Real Estate11/5/2025|Updated: 11/5/2025Americans are waiting much longer now to purchase their first home.In its Nov. 4 report, the National Association of Realtors (NAR) revealed that the average age of first-time buyers has hit an all-time high of 40, while the share of those buyers as a percentage of total buyers experienced a record decline to just 21 percent.Mary PrenonFreelance ReporterMary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.Author’s Selected Articles

Share post:

Subscribe

Popular

More like this
Related

Homeowner Exodus in Flood-Prone Regions for First Time in 6 Years: Redfin

An aerial view of a flooded residential neighborhood after...

Bloomin Brands Closes 21 Outback Steakhouses Amid Turnaround

The exterior of an Outback Steakhouse restaurant in Daly...

Trump Participates in Dinner With Central Asian Countries

Trump Participates in Dinner With Central Asian CountriesEpochTV LiveNov-06-2025U.S....

Hegseth Says US Strikes Another Drug-Smuggling Boat, Killing 3 Onboard

The Pentagon chief said that U.S. strikes on drug...