Millennials are one of the biggest generations in US history and are comprised of individuals born between 1980 and 2000. Millennials are more diverse, more educated, more in debt and more likely to be in the South and West. The peak millennial cohort is now only 23 years old. Because housing consumption increases sharply from age 25 to 45, millennials will be an important factor for the broader housing market going forward. Read the Study Here….
This study was published by The Goldman Sachs Group.