For many millennials, the answer has an overwhelming impact on how they feel about the economy.
With stocks down lately, some folks are spending less. But more consumers may feel bolstered by healthy home values and a stable job market.
The average age of a homebuyer is also going up.
Applications for mortgages at Bank of America increased about 20% more than typical between January and March. Here’s what that says about the housing market.
Amid elevated interest rates and high costs, millennials and older members of Gen Z made no gains in owning homes in 2024, Redfin data shows.
New residential building permits are down. High prices on building materials could further slow new construction.