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Engel & Volkers: Next generation of luxury homebuyers ready to make their mark

Engel & Völkers has released a new report examining how high-earning young adults are influencing the luxury housing market in North America. The report, titled “The New HENRYs: How the Next Generation Is Shaping Luxury Real Estate,” analyzes homeownership and purchasing behavior among individuals classified as “High Earners, Not Rich Yet,” or HENRYs. The data focuses

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Here’s what will actually move the needle on housing affordability

Housing affordability continues to dominate the headlines, but most proposed “solutions” rely on assumptions that are either unlikely or insufficient on their own. Falling interest rates, off-site construction, government subsidies and value engineering all play a role. None of them – individually or even together – as they are currently being pursued, will move the

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