Down payment sources of Millennial homebuyers in the U.S. 2019

Published by Statista Research Department, Nov 6, 2020
This statistic shows the funding sources of first-time Millennial homebuyers in the United States in March 2018 and March 2019. In 2019, 72 percent of first-time Millennial homebuyers said that they had saved for their down payment directly from their paychecks, up from 69 percent the previous year.

Funding sources of first-time Millennial homebuyers in the United States in March 2018 and March 2019

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Source

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Release date

July 2019

Region

United States

Survey time period

March 2018 and March 2019

Number of respondents

500 respondents

Special properties

first-time Millennial homebuyers

Supplementary notes

This question was phrased by the source as follows: "how did you accumulate the money you need for a down payment? Select all that apply."

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U.S. home buying processHousing market in the U.S.Millennials homeownership in the U.S.Rental market in the U.S.Affordable housing in the U.S.
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