In 2024, the average age of recent first-time buyers in London was slightly higher than the England average. Across the UK, first-time buyers accounted for approximately ******* home sales. First-time buyer prices and mortgages In London, the average value of a mortgage for first-time buyers was far higher than all other regions in the UK. Apart from the initial cost of a down payment, those that can afford to, see monthly payment savings against those renting. In certain parts of the country, annual savings of buying against renting saw first time buyers amounted to over ************ British pounds. Help to buy To encourage first-time buyers, the UK government started the "Help to buy" scheme. The scheme sees people saving for a first-time home receive a ***********bonus to their savings when purchasing a house valued at ******* British pounds (******* British pounds in London). Between December 2015 and March 2018, the North West of England saw the highest number of Help to buy ISA bonuses paid.

Since 2011, the average age of British citizens buying their first home in the United Kingdom (UK) increased by two years. In 2011, the average age for the country was 29, while in 2024, it reached ** years. Nevertheless, the average age varied in different regions.

Approximately ** percent of Americans aged 26 to 34 who bought a home were first-home buyers, whereas ** percent of home buyers between 35 and 44 bought their first home in that year. Gen Z and Millennial first-time buyers It is no surprise that many Gen Z (18 to 24 years old) and Millennial (25 to 43 years old) home buyers are mostly first-time home buyers. These home buyers are in the early stages of their careers, or still studying in some cases, and often struggling to repay student debt, so they need to save for many years before they afford a down payment. When do they sell? These generations tend to stay in their first homes for several years, which means that the majority of home sellers are older than them. The share of income needed to afford a trade-up home is significantly lower than the money needed for a starter home. A trade-up home is a larger and more expensive home, which homeowners often buy after living in their starter home, or their first home, for several years. This progression generally happens when homeowners have climbed the career ladder and increased their incomes.

Data on resident buyers who are persons that purchased a residential property in a market sale and filed their T1 tax return form: number of and incomes of residential property buyers, sale price, price-to-income ratio by the number of buyers as part of a sale, age groups, first-time home buyer status, buyer characteristics (sex, family type, immigration status, period of immigration, admission category).

Graph and download economic data for Consumer Unit Characteristics: Percent Homeowner by Age: from Age 25 to 34 (CXUHOMEOWNLB0403M) from 1990 to 2023 about consumer unit, age, homeownership, 25 years +, percent, and USA.

The average age of first-time buyers (FTBs) in Ireland increased by *** years between 2017 and 2023. In 2017, the average age of first-time homebuyers was **** years. In 2023, the average homebuyer was **** years old. During the same period, the age of second and subsequent borrowers experienced slightly less variation.

Nearly one out of four European consumers who were tenants in 2019, believed they would not be able to buy a home in the future. This belief was especially shared in the Netherlands, Belgium, Germany, France, and the UK. However, those who did expect to eventually become first-home buyers believed it was more likely to happen once they passed the age of **. Indeed, in 2019, roughly ** percent of European respondents believed they had to wait until they were older than ** to be able to buy a property.

In 2024, the median income range between of more than 200,000 U.S. dollars was the largest share of homebuyers in the United States that year. Among them, almost ** percent were between 26 and 59 years old. The income range between 100,000 and 124,999 U.S. dollars was the second one with the largest share of homebuyers in the United States that year. Among them, ** percent were between 18 and 34 years old.

The homeownership rate was the highest among Americans in their early 70s and the lowest among people in their early 20s in 2024. In that year, approximately **** percent of individuals aged 70 to 74 resided in a residence they owned, compared to approximately ** percent among individuals under the age of 25. On average, **** percent of Americans lived in an owner-occupied home. The homeownership rate was the highest in 2004 but has since declined.

Average mortgage origination fees by age for U.S. home buyers in 2024, showing fee percentages across different age groups from 18-24 to 65+ years old

Average mortgage loan amounts by age bracket for U.S. home buyers in 2024, showing loan size variations across different age groups from 18-24 to 65+ years old

This statistic shows the distribution of the French who made the first real estate purchase in 2016, according to the age group. We observe that more than 30% of the first-time buyers of real estate were between 25 and 28 years old.

Home Ownership Rate in the United States decreased to 65.10 percent in the first quarter of 2025 from 65.70 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - United States Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Homeownership Rate in the United States (RHORUSQ156N) from Q1 1965 to Q2 2025 about homeownership, housing, rate, and USA.

The majority of home buyers in the United States in 2021 purchased homes that cost *** thousand U.S. dollars or more. Homes over *** thousand U.S. dollars were purchased by ** percent of buyers from the ** to ** age group who made up the largest share of buyers in that category.

Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q2 2025 about sales, housing, and USA.

Existing Home Sales in the United States decreased to 4000 Thousand in August from 4010 Thousand in July of 2025. This dataset provides the latest reported value for - United States Existing Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The majority of home buyers in the United States in 2024 across all age groups purchased a home between ***** and ***** square feet in size. ** percent of the young millennials (26 to 34 years old) and ** percent of the silent generation (79 to 99 years old) purchased a home about the same feet in size.

Average mortgage loan amounts by year from 2018-2024 showing the annual average loan size for U.S. home buyers across all loan types including conventional, FHA, VA, and USDA mortgages