A rendering for a starter home being constructed is on display during a groundbreaking ceremony in Plain City, Utah, in 2024. High prices and low availability of starter homes is increasingly driving young would-be buyers out of the market. (Photo by Katie McKellar/Utah News Dispatch)

Young homebuyers have been priced out of the market even more than previously, according to a report released Nov. 4 by the National Association of Realtors.

“As a result of decreased housing affordability and limited housing inventory, potential first-time buyers retreated further from the housing market,” the report stated, comparing homebuyers between July 2024 and June 2025 to previous years.

The share of first-time homebuyers dropped to a new low of 21% of all buyers, and the median age of those first

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