The average age of U.S. homebuyers jumps to 56—homes are ‘wildly unaffordable’ for young people, real estate expert says

The average age of homebuyers in the U.S. has risen by six years since July 2023 — another sign that younger Americans are being priced out of the market due to escalating ownership costs. The average age of homebuyers is now 56, up from 49 in 2023, according to the National Association of Realtors’...