<ul><li>According to a report from Redfin, Gen Z has surpassed their peers in homeownership at the earliest stages of their adulthood, with 30% of 25-year olds owning their home in 2022.</li><li>Gen Z gained the competitive edge due to a healthy labor market, record-low mortgage rates, the ability to move somewhere more affordable thanks to remote work, and bumps in their paychecks.</li><li>Gen Zers have hurdles to homeownership, including the severe shortage of available homes and steep student debt, but overall, they are taking the real estate market head on.</li></ul>

Gen Z Surpasses Millennials in Homeownership

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