GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you could read more about oureditorial guidelinesand our products and servicesreview methodology.
Yet, many millennials are facing barriers in making this dream a reality.
That percentage is up from 46% who said the same in 2024.
But home prices are not the only obstacle.
If boomers do sell, theyre usually downsizing and competing for thesame starter homesas millennials, she continued.
Will Millennials Ever Be Able To Afford Homes?
It depends potentially on factors that are beyond millennials control, Dunaway-Seale said.
The current lack of homes has led to higher prices as demand outpaces supply.
But if more homes are built, entry-level homes could be easier to find and cheaper to buy.
In addition to increased inventory, lower interest rates would also help more millennials afford homes.
More From GOBankingRates
Share This Article:
The Latest inInvesting
