Millennials Leading the Growth of New Home Buyers

As the housing industry celebrates “New Homes Month” in April, recent data from the U.S. Census Bureau confirms Millennials are increasingly entering the housing market as first-time buyers… good news for custom integrators. The homeownership rate of Millennials — now at 36 percent — registered the largest gains among all age groups in 2017. As the nation’s largest demographic group, more than 70 million Millennials are poised to dominate the home buying market in the months and years ahead.


Source: CEPro

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