Economy

The share of people 25 to 39 years old making annual transfers to investment accounts more than tripled between 2013 and 2023 to 14.4 percent, outpacing increases for those 40 and over, according to data from the JPMorgan Chase Institute. The share of 26-year-olds who transferred funds to investment accounts since turning 22 shot up from 8% in 2015 to 40% as of May 2025. The numbers don’t include people investing in 401(k)s.

. . .

The share of young people in the housing market has plummeted since the turn of the century. Americans ages 18 to 39 made up 51% of home buyers in 1999, but only 44% in 2025, according to a Redfin analysis of census data.

The rate of ownership in that age range fell the most around 2012 when home prices started going up, “and homeownership started getting less and less affordable each year,” Redfin economist Daryl Fairweather said.

The overall homeownership rate for Gen Zers ages 19 to 28 ticked up 1 percentage point between 2024 and 2025, to 27.1%, according to Redfin, likely because of a boom in condo availability.