I am not surprised that Millennials bought more homes than baby boomers between 2022 and 2023. According to the National Association of Realtors: Millennial buyers aged 25 to 33 years (younger millennials) and buyers aged 34 to 43 years (older millennials) make up the largest share of home buyers at 38%; older millennials at 21%, and younger millennials at 17% of the share of home buyers.
Here is a break down from the National Association of Realtors. Baby boomers sold more real estate than they bought as did the silent generation. People in the silent generation are 78 to 96 years old.
- Baby boomers make up the largest share of sellers at 45%.
- Sellers aged 69 to 77 years were most likely to downsize their home.
