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The housing affordability crisis is so bad that the average American first-time homebuyer is 40 years old

The American dream of homeownership, long a symbol of stability, achievement, and upward mobility, is facing unprecedented challenges as the median age of the average first-time homebuyer in the United States has soared to 40 years old, according to newly released data from the National Association of Realtors (NAR). A year ago, the median age … Read more

UK ministers urged to ‘get on’ with stronger homebuyer protections

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ministers are being urged to “get on” with plans to force developers to join a customer redress scheme, with a consumer group warning that people are left with more rights when buying a toaster than … Read more

Homebuyer mortgage demand drops further, as economic uncertainty roils the housing market

A home is seen for sale on April 24, 2025 in Austin, Texas. Brandon Bell | Getty Images Mortgage rates didn’t move much last week, but homebuyers continued to pull back amid concerns over the broader economy. Applications for a mortgage to purchase a home dropped 4% last week compared with the previous week, according … Read more

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