Average Age of US Homebuyers Hits Record High as Down Payments Match Annual Household Incomes
The average age of U.S. homebuyers has risen to an all-time high, as the median home down payments nearly match annual U.S. household incomes, according to a yearly survey of the National Association of Realtors (NAR). The NAR’s 2024 Profile of Home Buyers and Sellers survey, tracking transactions between July 2023 and June 2024, found […]