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Baby Boomers overtake Millennials as largest generation of home buyers

Generation Z’s share of buyers rises to 4% The share of baby boomers has surpassed millennials and now makes up the largest generation of home buyers, according to the latest study from the National Association of Realtors.  The 2023 Home Buyers and Sellers Generational Trends report, which examines the similarities and differences of recent home buyers and…

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Pending home sales grew for third straight month, up 0.8% in February

Pending home sales grew in February for the third consecutive month, according to the National Association of Realtors. Three U.S. regions posted monthly gains, while the West declined. All four regions saw year-over-year decreases in transactions. The Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based on contract signings – improved 0.8% to 83.2 in February. Year-over-year,…

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