In a September 2020 survey among adults in the United States, many respondents said that the COVID-19 pandemic did not change their interest in buying a home. Millennials were most likely to have changed their homeownership plans: 28 percent of Millennials were more interested in buying a home due to the COVID-19 pandemic compared with nine percent of Baby Boomers.
Data were weighted to approximate a target sample of adults based on age, race/ethnicity, gender, educational attainment, and region. Results from the full survey have a margin of error of plus or minus 1 percentage points.
The original survey question was formulated as: "Has the COVID-19 pandemic (coronavirus) influenced your interest in buying a home in the future?"
This survey question's respondents were 271 GenZers (1997-2012), 737 millennials (1981-1996), 439 GenXers (1965-1980) and 375 Baby Boomers (1946-1964).
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Morning Consult. (September 28, 2020). Effect of COVID-19 on homeownership plans of GenZers, Millennials, GenXers, and Baby Boomers in the United States in 2020 [Graph]. In Statista. Retrieved November 07, 2024, from https://www.statista.com/statistics/1220507/covid-homeownership-plans-genz-millennials-gen-x-baby-boomers-usa/
Morning Consult. "Effect of COVID-19 on homeownership plans of GenZers, Millennials, GenXers, and Baby Boomers in the United States in 2020." Chart. September 28, 2020. Statista. Accessed November 07, 2024. https://www.statista.com/statistics/1220507/covid-homeownership-plans-genz-millennials-gen-x-baby-boomers-usa/
Morning Consult. (2020). Effect of COVID-19 on homeownership plans of GenZers, Millennials, GenXers, and Baby Boomers in the United States in 2020. Statista. Statista Inc.. Accessed: November 07, 2024. https://www.statista.com/statistics/1220507/covid-homeownership-plans-genz-millennials-gen-x-baby-boomers-usa/
Morning Consult. "Effect of Covid-19 on Homeownership Plans of Genzers, Millennials, Genxers, and Baby Boomers in The United States in 2020." Statista, Statista Inc., 28 Sep 2020, https://www.statista.com/statistics/1220507/covid-homeownership-plans-genz-millennials-gen-x-baby-boomers-usa/
Morning Consult, Effect of COVID-19 on homeownership plans of GenZers, Millennials, GenXers, and Baby Boomers in the United States in 2020 Statista, https://www.statista.com/statistics/1220507/covid-homeownership-plans-genz-millennials-gen-x-baby-boomers-usa/ (last visited November 07, 2024)
Effect of COVID-19 on homeownership plans of GenZers, Millennials, GenXers, and Baby Boomers in the United States in 2020 [Graph], Morning Consult, September 28, 2020. [Online]. Available: https://www.statista.com/statistics/1220507/covid-homeownership-plans-genz-millennials-gen-x-baby-boomers-usa/