More Gen Zers are Buying Homes, But at a Slower Rate -- Market Talk

Dow Jones01-26

1026 ET - Just over 27% of Gen Zers nationwide owned their home in 2025, Redfin says, up from 26.1% a year earlier. Millennials also eked out a gain in their homeownership rate, to 55.4% from 54.9% a year earlier. Redfin says it's natural that millennials' gain is smaller than that of Gen Z because they're older and have had more time to buy homes. The uptick in homeownership for Gen Zers is meaningful, but not explosive. For millennials, the increase represents stability. While affordability improved slightly in 2025 from the year before and supply rose, high costs and economic uncertainty continued to act as a roadblock. Also, more sellers put their homes on the market; the increase in inventory gave all buyers more to choose from. Redfin data shows 38% of the oldest Gen Zers own their home, compared to 43% of their parents at the same age. (chris.wack@wsj.com)

(END) Dow Jones Newswires

January 26, 2026 10:26 ET (15:26 GMT)

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