Profile of Millennial homebuyers in the United States 2020
According to a June 2020 survey, 45 percent of Millennials in the United States wishing to buy a house within the next year expect that they will receive financial assistance from family and friends. Around four in five respondents said that they wanted to move either within their current city (49 percent) or to nearby suburbs (31 percent).
Although Millennials have already entered the U.S. housing market, homeownership for this demographic is still much lower than for any other age group in the United States.
Although Millennials have already entered the U.S. housing market, homeownership for this demographic is still much lower than for any other age group in the United States.
