The record-breaking average age of first-time homebuyers revealed

The rising age of first-time homebuyers has dominated discussion of the housing market in recent months—and multiple sources offer varying estimates of how old the typical first-time buyer really is.

Last year, the National Association of Realtors® reported, based on survey data, that the median age of first-time buyers had jumped to 40. That is the highest age on record, and up from age 33 just five years earlier.