A new report out from Freddie Mac suggests that an unlikely culprit is keeping supply of real estate for sale at the current low: baby boomers.
The generation has been breaking all sorts of rules since they were young and the newest rule they're breaking seems to be that they aren't interested in downsizing as they reach retirement.
"Boomers are part of a "clogging up of the whole chain of home sales," Sean Becketti, chief economist of giant mortgage investor Freddie Mac, told the Chicago Tribune. "They appear to be staying in the family home longer than previous generations," Becketti wrote in a new outlook report, "and the imbalance between housing demand and supply continues to boost prices."