Millennials have dominated the pack for the number of home purchases in recent years, but now their younger cohort – Gen Z – is growing its footprint.
Millennials comprised 54% of overall home-purchase applications in 2022 while Gen Z increased its position with 9% of first-time home-purchase applications, according to a blog by CoreLogic.
It's the sixth straight year that Millennials led the way and 54% is its highest mark. Gen Z upped its share by 3% from the year earlier.
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