“Open House” Photographer: Ty Wright/Bloomberg

Millennials are playing homeownership catch-up.

First-time buyers rushed into the market last year, making 38% of all single-family home purchases, the biggest share since 2000, data released Thursday by Genworth Mortgage Insurance show. The 2.07 million new or existing homes bought by first-timers was 7% more than in 2016, according to the insurer, part of Genworth Financial Inc.

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