Market Outlook: Gen Z women outpace men in homeownership, despite rates - BNN Bloomberg
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Article Excerpt
First-time homebuying activity has fallen to its lowest level in decades as high interest rates and affordability pressures keep many young buyers sidelined in the U.S. Still, new data suggest single Gen Z women are emerging as a major force in entry-level homeownership, outpacing men in their generation by nearly two-to-one.
BNN Bloomberg spoke with Jessica Lautz, deputy chief economist at the National Association of REALTORS, about why more young women are entering the U.S. housing market alone and how financial planning, higher incomes and family support are helping some buyers overcome af…
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