By Brad Beckett on April 30, 2026
According to the NAR’s 2026 Home Buyers and Sellers Generational Trends report, baby Boomers remained the largest generational group of home buyers this year, while the share of first-time buyers fell to the lowest level on record. Click here to read more.
Their report examines the similarities and differences among recent home buyers and sellers across generations.
Here are some key findings:
Among all home buyers here is the generational breakdown:
- Gen Z: 4% (up from 3% last year)
- Millennials: 26% (down from 29% last year).
- Gen X: 25% (up from 24% in 2025)
- Baby Boomers: 42% (unchanged from last year)
- Silent Generation: 4% (unchanged from last year)
“The housing market remains sharply divided between homeowners with equity and first-time buyers trying to break in—many of whom are younger Millennials…For many younger households, affordability challenges and limited inventory are still making homeownership difficult to achieve.” Said NAR Deputy Chief Economist Dr. Jessica Lautz.
Click here to read the full report at the National Association of Realtors.

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