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More Americans are waiting until their mid-30's before buying their first home.
The average age of a first-time homeowner in the U.S. is now 36 - the highest on record and a three-year increase from 2021, when the average age was 33.
It's a sign that high housing costs and rising interest rates have made owning a home a pipe dream for many young people.
In fact, Boomers (ages 58-76) now make up the largest share of homebuyers at 39%, over millennials at 29% and Generation X at 24%.
Listen to the Morning Breeze with Carolyn and Cort talk about it here: