34 and under: Millennials drive homeownership rates up to 63.9% in 2017

34 and under: Millennials drive homeownership rates up to 63.9% in 2017

The homeownership rate for the Millennials increased from last quarter’s 34.3% to 35.3% in the third quarter of 2017. It is the highest level since the third quarter of 2015, according to the U.S. Census Bureau. Although not statistically different than previous reports, a significant rising in the national homeownership rate is being noticed by […]

70% of Chinese millennials are homeowners

70% of Chinese millennials are homeowners

“This study challenges the myth that the home ownership dream is dead for millennials around the world”, reports Louisa Cheang, HSBC’s Global Head of Retail Banking. A recent report from HSBC assures that 70 percent of millennials in China are homeowners, the highest percentage in the world. In the USA, the millennial homeownership rate drops […]

Millennials: Willing to Buy Fixer-Uppers

Millennials: Willing to Buy Fixer-Uppers

Millennials (also known as Generation Y, Generation Me, Echo Boomers) are the demographic section that follows Generation X. Although there is no precision about dates, demographers and researchers usually use the early 1980s as starting birth years and ending birth years ranging from the mid-1990s to early 2000s. They are buying homes following their own […]