One of the smartest and savviest home-buying demographics is confident it will be buying homes despite current affordability challenges in the US and Canada.

According to a trends report by Mustel Group and Sotheby's International Realty Canada, the real estate market is set to absorb an influx in demand as the next generation of homebuyers, Generation Z, is primed for first-time home ownership despite challenges with housing affordability.

The US is already experiencing this in many markets.

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