Baby Boomers and the Silent Generation are expected to release 13.9 million homes over the next decade, a 74% jump from what those two generations gave back in the prior ten years, according to new research from Realtor.com. The handoff, often called the silver tsunami, would cut the 36.7 million homes these cohorts own today to 22.8 million by 2036, an average of about 1.39 million a year, with the pace rising from roughly 1.27 million homes in 2027 to 1.52 million in 2036. Boomers are expected to overtake the Silent Generation as the biggest source of freed-up homes around 2029, and the true peak likely comes after the forecast ends in 2036. The relief is heavily skewed toward larger properties: family homes make up 9.9 million of the total, or 71.2%, and large homes 3.6 million, while only 0.38 million starter homes are expected to be relinquished, just 3.2% of recent listings. Realtor.com Senior Economist Jiayi Xu said the handoff is a welcome relief but is not big enough to solve the housing shortage alone, and the research notes the 13.9 million figure is not directly comparable to the nation's 4 million-home gap because the homes arrive gradually and the entry-level segment gets the least relief.
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China Mobile LimitedRealtor.com's own research on the silver tsunami of 13.9 million homes released over the next decade spotlights its housing-market data and draws attention to its listings platform.
