More Home Buyers are in the Market, but Shopping Takes Longer

Figure pushing a shopping cart by green and red homes.

Figure pushing a shopping cart by green and red homes.

The share of buyers who were actively looking versus thinking about it differs significantly by age group. Of Millennials planning a home purchase in the next year, 57 percent are already actively looking but among Boomers, that share is only 37 percent. Among Gen Z and Gen X buyers the share who were active was 40 percent and 47 percent, respectively.