Beyond the ArcWith U.S. home prices up ~40% from before the pandemic,
Young homebuyers are 2x as likely to use family money for down payment than 5 years ago
Nepo-Homebuyers: More Than One-Third of Gen Z and Millennial Homebuyers Plan to Use Family Money For Down Payment
Young Americans who have the means are turning to family for help with down payments as housing costs soar. Working a second job is also a popular way to save for a down payment, with 2 in 5 millennials and Gen Zers doing so.