Half of millennials now own homes, new data finds ...Middle East

The nation’s largest generation made the jump to a homeowner majority last year, reaching more than 18 million, according to a recent report from Rent Café.  Rent Café's report found that 51.5 percent of millennials now own a home. This population, which consists of those born between 1981 and 1996, added seven million homeowners in the previous five years alone.  For the report, Rent Café analyzed generational trends in both homeownership and renting across the U.S., using data from the Integrated Public Use Microdata Series for the nation’s 110 largest metros. The new data on buyers shows they are still keen on homeownership despite over a year of growing interest rates put in

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