Millennials make up the majority of buyers

Which age – group is dominating the real estate buyers market?

According to the analysis of the well – known pwc.com, in the USA the most active age – group includes people up to 40.

Thus, most real estate buyers are Millennials (1981 – 1996) and they comprise 45% of total buying transactions. The Gen Xers are also quite active (1961 – 1981) and they comprise 37% of total buying transactions. The most passive are Baby Boomers (only 17%).

The statistics above has, of course, its explanations. The young generation has stable jobs and strive to create more comfortable home conditions. They prefer middle or upper – middle class homes and prefer large spaces.