In April 2019, 54 percent of younger Millennial renters said they planned to continue renting in the United States and 46 percent said they planned to purchase a home. In August 2018, only 36 percent planned to buy a home in the near future, so the trend towards homeownership is growing in this age group.
Future housing plans of younger Millennial renters in the United States from 2016 to 2019
Characteristic
Continue renting
Purchase a home
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Freddie Mac. (June 26, 2019). Future housing plans of younger Millennial renters in the United States from 2016 to 2019 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1037287/younger-millennial-renters-future-housing-plans-usa/
Freddie Mac. "Future housing plans of younger Millennial renters in the United States from 2016 to 2019." Chart. June 26, 2019. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1037287/younger-millennial-renters-future-housing-plans-usa/
Freddie Mac. (2019). Future housing plans of younger Millennial renters in the United States from 2016 to 2019. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1037287/younger-millennial-renters-future-housing-plans-usa/
Freddie Mac. "Future Housing Plans of Younger Millennial Renters in The United States from 2016 to 2019." Statista, Statista Inc., 26 Jun 2019, https://www.statista.com/statistics/1037287/younger-millennial-renters-future-housing-plans-usa/
Freddie Mac, Future housing plans of younger Millennial renters in the United States from 2016 to 2019 Statista, https://www.statista.com/statistics/1037287/younger-millennial-renters-future-housing-plans-usa/ (last visited August 25, 2024)
Future housing plans of younger Millennial renters in the United States from 2016 to 2019 [Graph], Freddie Mac, June 26, 2019. [Online]. Available: https://www.statista.com/statistics/1037287/younger-millennial-renters-future-housing-plans-usa/