In a September 2020 survey among adults in the United States, many respondents said that the COVID-19 pandemic did not change their interest in buying a home. Millennials were most likely to have changed their homeownership plans: 28 percent of Millennials were more interested in buying a home due to the COVID-19 pandemic compared with nine percent of Baby Boomers.
Effect of COVID-19 on homeownership plans of GenZers, Millennials, GenXers, and Baby Boomers in the United States in 2020
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Housing market in the United States
Residential housing market
8
- Premium Statistic Number of U.S. housing units and annual increase 1975-2022
- Premium Statistic Number of newly built and existing homes for sale in the U.S. 2013-2023
- Premium Statistic Number of new homes sold in the U.S. 1995-2023
- Basic Statistic Number of existing homes sold in the U.S. 1995-2023, with a forecast until 2025
- Premium Statistic Homeownership rate in the U.S. 1990-2023
- Premium Statistic Homeownership rate in the U.S. 2023, by age
- Basic Statistic Homeowner vacancy rates in the U.S. 1990-2023
- Basic Statistic Rental vacancy rates in the U.S. 2000-2023, by region
Home building
7
- Premium Statistic Residential construction supply in the U.S. 2000-2023, by stage
- Premium Statistic Value of new private residential construction in the U.S. 1964-2022
- Premium Statistic Average construction costs for single-family homes in the U.S. 1998-2022
- Premium Statistic Residential construction costs in the U.S. Q1 2024, by city
- Premium Statistic Price growth rate of residential construction in the U.S. 2006-2022, by type
- Premium Statistic Price change on annual basis of 32 different building materials in the U.S. 2014-2024
- Basic Statistic Leading home builders in the U.S. 2022, by revenue
Home financing
8
- Basic Statistic U.S. housing: Case Shiller National Home Price Index 2017-2023
- Premium Statistic FMHPI house price index change 1990-2023
- Premium Statistic Annual home price appreciation in the U.S. 2023, by state
- Premium Statistic Median sale price of existing homes sold in the U.S. 2017-2023 with forecast for 2025
- Premium Statistic Median sales price of new homes sold in the U.S. 1965-2023
- Premium Statistic Median sales price of existing single-family homes in the U.S. 2021-2023, by metro
- Premium Statistic Mortgage interest rates in the U.S. Q1 2019- Q2 2023, by mortgage type
- Premium Statistic Mortgage down payment for home purchase in the U.S. 2012-2023
Affordability
8
- Premium Statistic Housing affordability index in the U.S. 2000-2022
- Premium Statistic Mortgage affordability in the largest metros in the U.S. 2022
- Premium Statistic Share of renters who can afford to buy a home in the U.S. 2022, by metro
- Premium Statistic Main reasons for buying a home U.S. 2022
- Premium Statistic Main reasons non-owners do not currently own a home U.S. 2022
- Premium Statistic Monthly homebuyer sentiment in the U.S. 2011-2023, by age group
- Premium Statistic Homebuyers who struggle to find a home due to affordability U.S. 2023, by generation
- Premium Statistic Buyers able to afford less than half of homes for sale U.S. 2020-2023, by generation
Home flipping
3
Further related statistics
18
- Share of homeowners living in first home in the U.S. 2019, by generation
- Share of Americans who associate homeownership with the American dream 2016, by age
- Paraguay: number of housing units in Asunción 2016, by ownership
- London: annual residential property transactions value from 2005 to 2014
- London: number of residential property sales in December 2016, by local authority
- Homeownership rate in Toronto and Vancouver in 2018
- Homeownership rate in Miami, San Francisco and New York 2018
- Factors influencing house purchase decision among U.S. renters 2015, by age group
- London: annual residential property transaction numbers from 2005 to 2014
- Share of buyers who made an offer on a home sight-unseen U.S. 2017 by generation
- Home renovators in the U.S. 2022, by generation
- Share of homeowners planning to sell their home soon in the U.S. 2019, by generation
- Impact of changes on future housing plans in the U.S. 2019, by generation
- Italy: transactions in residential real estate in the Islands 2018, by size
- Annual hidden homeownership and maintenance costs in the U.S. 2017, by metro
- Residential mortgage debt in Germany 2010-2023, per quarter
- COVID-19 effect on homeownership plans U.S. 2020, by ethnicity
- Residential buildings - building permits distribution EU-26 2006 and 2014, by country
Further Content: You might find this interesting as well
Statistics
- Share of homeowners living in first home in the U.S. 2019, by generation
- Share of Americans who associate homeownership with the American dream 2016, by age
- Paraguay: number of housing units in Asunción 2016, by ownership
- London: annual residential property transactions value from 2005 to 2014
- London: number of residential property sales in December 2016, by local authority
- Homeownership rate in Toronto and Vancouver in 2018
- Homeownership rate in Miami, San Francisco and New York 2018
- Factors influencing house purchase decision among U.S. renters 2015, by age group
- London: annual residential property transaction numbers from 2005 to 2014
- Share of buyers who made an offer on a home sight-unseen U.S. 2017 by generation
- Home renovators in the U.S. 2022, by generation
- Share of homeowners planning to sell their home soon in the U.S. 2019, by generation
- Impact of changes on future housing plans in the U.S. 2019, by generation
- Italy: transactions in residential real estate in the Islands 2018, by size
- Annual hidden homeownership and maintenance costs in the U.S. 2017, by metro
- Residential mortgage debt in Germany 2010-2023, per quarter
- COVID-19 effect on homeownership plans U.S. 2020, by ethnicity
- Residential buildings - building permits distribution EU-26 2006 and 2014, by country
Morning Consult. (September 28, 2020). Effect of COVID-19 on homeownership plans of GenZers, Millennials, GenXers, and Baby Boomers in the United States in 2020 [Graph]. In Statista. Retrieved May 04, 2024, from https://www.statista.com/statistics/1220507/covid-homeownership-plans-genz-millennials-gen-x-baby-boomers-usa/
Morning Consult. "Effect of COVID-19 on homeownership plans of GenZers, Millennials, GenXers, and Baby Boomers in the United States in 2020." Chart. September 28, 2020. Statista. Accessed May 04, 2024. https://www.statista.com/statistics/1220507/covid-homeownership-plans-genz-millennials-gen-x-baby-boomers-usa/
Morning Consult. (2020). Effect of COVID-19 on homeownership plans of GenZers, Millennials, GenXers, and Baby Boomers in the United States in 2020. Statista. Statista Inc.. Accessed: May 04, 2024. https://www.statista.com/statistics/1220507/covid-homeownership-plans-genz-millennials-gen-x-baby-boomers-usa/
Morning Consult. "Effect of Covid-19 on Homeownership Plans of Genzers, Millennials, Genxers, and Baby Boomers in The United States in 2020." Statista, Statista Inc., 28 Sep 2020, https://www.statista.com/statistics/1220507/covid-homeownership-plans-genz-millennials-gen-x-baby-boomers-usa/
Morning Consult, Effect of COVID-19 on homeownership plans of GenZers, Millennials, GenXers, and Baby Boomers in the United States in 2020 Statista, https://www.statista.com/statistics/1220507/covid-homeownership-plans-genz-millennials-gen-x-baby-boomers-usa/ (last visited May 04, 2024)
Effect of COVID-19 on homeownership plans of GenZers, Millennials, GenXers, and Baby Boomers in the United States in 2020 [Graph], Morning Consult, September 28, 2020. [Online]. Available: https://www.statista.com/statistics/1220507/covid-homeownership-plans-genz-millennials-gen-x-baby-boomers-usa/