Sunday, December 07, 2025

Realtors Spin "First-Time Homebuyer" Story

Wolf Street is a remarkable site.  Why?  Because he looks at actual stats from various sources.

 

The National Association of Realtors (NAR) claimed in its annual report on homebuyers, based on survey results, that the typical age of first-time buyers (FTBs) had spiked to 40 years in 2025, up from 37.9 years in 2024, and up from 33 years in 2021. This spike in the age of first-time buyers caused a lot of handwringing and heavy breathing in the media and social media....

The Realtors, eh?  Gee.  Could they have an agenda??  Jus' asking.....

  ...But the New York Fed, based on its Consumer Credit Panel/Equifax (CCP) data, has debunked this narrative of the surging age of first-time buyers. In August, it released a report with data through 2024.

And I reported on it, republishing the charts from the NY Fed, and I summarized:

The average age of first-time home buyers has essentially not changed since 2012, and compared to the early 2000s, it has declined marginally.”...

That was through 2024.  How about fresher data?

Glad you asked!!

 ...Per the New York Fed’s CCP, the average age of first-time buyers edged down in 2025 to 36.2 years and remains roughly unchanged since 2009, and lower than in 2008 and prior years (red line in the chart)....

Trump's boy Pulte would not like you to know all that stuff. 

Chart at the link. 

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