More Gen Zers are achieving a dream that was largely out of reach for millennials when they were young: They're homeowners

• A Redfin report found that 30% of Gen Zers owned homes at age 25 in 2022. 
• The rate surpasses those of millennials and Gen Xers when they were the same age.
• Gen Zers were greeted by a stronger labor market as they established their careers.

Gen Zers may be the new kids on the block, but when it comes to home buying they are coming out on top. 

That's according to a report from Redfin that has found the generation has surpassed their peers in homeownership at the earliest stages of their adulthood. In 2022, 30% of 25-year olds owned their home, slightly higher than the 28% rate for millennials and 27% rate Gen Xers when they were that age, data from the real estate brokerage shows.