Millennials are growing in importance as homebuyers says a new report from CoreLogic.

The demographic, people born between 1981 and 1996, accounted for 51% of home-purchase mortgage applications in 2021, up five percentage points from 2019 and 13 points from 2016.

Nationally, they have made up 67% of first-time home purchase applications and 37% of repeat home purchase applications this year.

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