A 2025 study by Clever Real Estate found that nearly two-thirds of baby boomers have no intention of ever selling their homes. Even those who sell are largely buying a replacement home, for a net-neutral impact on housing inventory. The NAR reports that boomers make up the largest generation among homebuyers, with 42%. By comparison, millennials make up 29% of homebuyers and Gen Z makes up just 3%.
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