Millennials Are Finally Buying as Rents Rise Even Higher

March 25, 2015

Bloomberg Business reports that Millennials made up 32 percent of the U.S. homebuying market in 2014.

Data from the Zillow Housing Confidence Index reveals that about 5.2 million renters say they expect to purchase a house in 2015, and that the share of renters aged 18 to 34 who want to buy grew in Atlanta, Chicago, Dallas, Detroit, Las Vegas, Minneapolis, Phoenix, San Francisco, Tampa, and Washington.