First Time Home Buyers... shocking chart (Patreon)

Although this is USA Data, I am sure it is the same around the world. Maybe even worse.

What the Chart Shows:

• First-time buyers are now older — their average age went from 28 in 1992 to 38 in 2024.

• Repeat buyers also got older — from age 42 to 61.

• Overall, homebuyers today are older, with the average age rising from 37 to 49.

Why It’s Sad:

I always say everyone needs a castle... this is changing.

Older, wealthier buyers often outbid younger ones or pay in cash, locking many first-time buyers out. This makes it harder for young people to own homes and build wealth — widening the gap between generations.

h/t Sanjay for the chart