Redfin

Survey finds 67% of Gen Z adults struggle to cover housing costs as high prices and mortgage rates outpace incomes

Slight improvements in housing affordability and financial assistance from family are helping younger Americans step into the housing market

A widening imbalance between home sellers and buyers has shifted the U.S. housing market decisively in favor of buyers, as elevated mortgage rates and affordability pressures continue to suppress demand

Redfin has found that contract fallout is climbing, as the housing market faces continued affordability pressures

All-cash home purchases fell to their lowest December share in five years at the end of 2025, as easing mortgage rates and softer competition reduced buyers’ reliance on cash offers, according to Redfin

The typical U.S. down payment fell to $64,000 in December as buyers gained negotiating leverage, mortgage rates eased, and affordability pressures reshaped purchasing behavior