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Sign into your accountWhat's the Average Age of a Repeat Buyer? The Impact of Longevity Emerges
November 28 2018
From the NAR Boston conference, one statistic keeps ringing in my head. As a confessed data junkie, I consume a lot of real estate research, so I'm pretty jaded. But when NAR's research guru Jessica Lautz showed a slide at a press conference entitled "Median Age of Home Buyers," I almost fell off my chair.
The median age of a repeat buyer in 1981 was 36 years old. Today, it is 55 years old. That is a stunning statistic.