The primary reason they cited was an improving financial position however, so the prediction presupposes no unpredicted reduction in wealth such as a recession, inflation, or reduction in the valuation of other assets such a cryptocurrencies.
Millennials, people born between 1980 and 1996 represent one-fifth of the U.S. population and are currently the largest segment of the home buying population. According to the National Association of Realtors they make up 43% of new home purchases, up from 37% in 2021.
Recording predictions such as this are useful given they will be data streams witnessed by investors at the time, which can later be reviewed in light of what occurs later on.
