After Millennials, Gen Z, or the adults born between 1997 and 2003, are next in line to enter the housing market in the United States. According to a survey conducted among over 15,000 respondents in the U.S., approximately 47 percent of Gen Zers who were planning to purchase a home in the next 12 months were also actively looking for one as of June 2022. In comparison, in the second quarter of 2021, this percentage was much higher at 64 percent. During the same period, roughly 18 percent of U.S. adults were planning a home purchase in the next year.
Share of Gen Z actively planning a home purchase in the next 12 months compared to all adults in the United States from 4th quarter 2019 to 2nd quarter 2022
* The source adds the following information: "polls are based on a national sample of adults selected to proportionately represent the US adult population in terms of age, gender, region, race/ethnicity, and education. Further
weights are applied to the final set of respondents to ensure
proper representation across these demographic variables."
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National Association of Home Builders. (July 12, 2022). Share of Gen Z actively planning a home purchase in the next 12 months compared to all adults in the United States from 4th quarter 2019 to 2nd quarter 2022 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1260287/share-of-gen-z-active-home-buyers-usa/
National Association of Home Builders. "Share of Gen Z actively planning a home purchase in the next 12 months compared to all adults in the United States from 4th quarter 2019 to 2nd quarter 2022." Chart. July 12, 2022. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1260287/share-of-gen-z-active-home-buyers-usa/
National Association of Home Builders. (2022). Share of Gen Z actively planning a home purchase in the next 12 months compared to all adults in the United States from 4th quarter 2019 to 2nd quarter 2022. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1260287/share-of-gen-z-active-home-buyers-usa/
National Association of Home Builders. "Share of Gen Z Actively Planning a Home Purchase in The next 12 Months Compared to All Adults in The United States from 4th Quarter 2019 to 2nd Quarter 2022." Statista, Statista Inc., 12 Jul 2022, https://www.statista.com/statistics/1260287/share-of-gen-z-active-home-buyers-usa/
National Association of Home Builders, Share of Gen Z actively planning a home purchase in the next 12 months compared to all adults in the United States from 4th quarter 2019 to 2nd quarter 2022 Statista, https://www.statista.com/statistics/1260287/share-of-gen-z-active-home-buyers-usa/ (last visited December 23, 2024)
Share of Gen Z actively planning a home purchase in the next 12 months compared to all adults in the United States from 4th quarter 2019 to 2nd quarter 2022 [Graph], National Association of Home Builders, July 12, 2022. [Online]. Available: https://www.statista.com/statistics/1260287/share-of-gen-z-active-home-buyers-usa/