For some years Hispanic households have led the first time purchase of homes. I posted on this in 2021. Here are some current facts, quoting housing industry analysis:

The broader national context highlights this point clearly. While total U.S. owner-households increased by 316,000, this figure masks contrasting trends among different groups. Non-Hispanic white households experienced a decline of 441,000 owner-households, while non-Hispanic Black households saw a reduction of 103,000. These declines were fully offset by the gains among Hispanic households.

In effect, Hispanic buyers were not just contributors—they were the sole drivers of growth. Without their participation, the U.S. would have recorded a net loss of approximately 125,000 homeowners.

The Hispanic population is the youngest major ethnic and racial group in the United States, with a median age of 31.

By adding 441,000 owner-households and driving 92.6% of new household formation, Hispanic buyers have become the backbone of the housing market. Their influence extends beyond numbers, shaping trends, demand patterns, and future expectations.

Source here.