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Report Finds Gen X, Millennials Poised to Gain in $38.3 Trillion Wealth Transfer

Coldwell Banker says younger heirs are prioritizing property as a primary wealth-planning tool.

Overview

  • Coldwell Banker’s Global Luxury 2026 Trend report estimates $4.6 trillion in real estate will pass from baby boomers to younger generations over the next decade.
  • The report projects 52% of that property transfer will occur in the U.S., with about $2.4 trillion in domestic real estate changing hands.
  • Gen X is expected to receive the largest portion in the near term, while millennials are projected to inherit more over a longer horizon.
  • From 2020 to 2025, individuals with at least $1 million in net worth increased total wealth by about 40% and grew real estate holdings by more than 29%.
  • Luxury agents described markets as resilient, citing a 3% rise in U.S. luxury single-family prices and 4% sales growth in 2025, with strength concentrated in Atlanta, Dallas, Minneapolis, Nashville, Salt Lake City, and San Diego.