Millennial homebuyers especially active in major Texas cities

New home closings by millennials outpace other generations in multiple markets
  • Millennials are outpacing Baby Boomers in purchasing new homes in 88 percent of the top 100 CBSAs.
  • San Antonio-New Braunfels metro ranked as the top metro for millennial homebuyers purchasing a new property.
  • Texas Triangle cities all ranked within the top 8 cities for millennial homebuyers.

It’s time to lighten up on the younger crowd: millennial homebuyers are actively purchasing new properties. According to new research from Metrostudy, millennials are buying more new homes than Baby Boomers in 88 percent of the top 100 Core Base Statistical Areas (CBSAs).