"Millennial homeownership" refers to the trend of people belonging to the millennial generation (typically born between 1981-1996) purchasing and owning their own homes. Full definition
Last year, Millennial homeownership rate dropped to the lowest level recorded in over 5 decades. (valueinsured.com)
Still, Millennial homeownership rate is at an all - time low, currently at 34 %, down substantially from the 2005 high of 43 % among people then at the same age. (valueinsured.com)
After seeing an increase in millennial homeownership among its customer base, Chase designed this offer to appeal to a new wave of homebuyers. (creditcards.com)