Younger generations spending more on real estate 

Generation X and Generation Y buyers tend to spend more for their first home than baby boomers and this represents a larger portion of their household income, according to a Century 21 Homebuyer Survey released this week.

On average, the impact on the household income was 21 percent of boomers' income as compared to 25 percent of Generation X and Generation Y's household income.

The survey

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