Tag Archives: Millennial homeownership rate

Even considering rampant inflation and high mortgage rates, the idea of owning a home and achieving the American Dream remains a primary goal for large swaths of the population, according to a survey from Falls & Co.

While millennials prevail as the largest generation in U.S. history, a new study from First American revealed some 51% of them are homeowners. At age 41, the millennial homeownership rate is 62%, closely following Gen X at 64%, significantly narrowing the homeownership gap over the past decade.