Moving Companies NAICS 484210

May 24, 2026 - Young Adults Living with Parents Longer

• The share of young adults ages 25 to 34 living with parents or in-laws remains elevated at 19.5% in 2024, or about 9 million people, according to National Association of Home Builders' recent analysis of US Census Bureau data. The increase from under 12% in 2000 reflects delayed marriage, income constraints, and housing affordability pressures. These trends could slow household formation and reduce relocation activity, weighing on demand for the moving services industry as fewer young adults move into independent housing. Marriage remains the strongest predictor of leaving home, while higher income and steady employment improve the odds of independence. However, high housing costs in many markets continue to limit mobility and keep more young adults living at home in the US.
• Sales of existing U.S. homes increased by 0.2% in April 2026 from March and were unchanged year-over-year, according to the National Association of Realtors (NAR). NAR chief economist Dr. Lawrence Yun said, "Despite mixed macroeconomic signals -including a record-high stock market and historically low consumer confidence - home sales were modestly boosted by the continued improvement in housing affordability. Mortgage rates are lower from a year ago, and average income growth is outpacing home price gains." Yun added, "Multiple offers, though not as intense as a few years ago, are still occurring. At the same time, days on market are lengthening on average, implying that consumers are taking their time before making decisions." Existing-home sales are an important demand driver for moving services.

• New single-family home sales rose 7.4% month-over-month and were up 3.3% year-over-year in March 2026, according to the US Census Bureau. March’s total new home sales reached 682,000 units. The National Association of Home Builders noted the uptick was due to moderating home prices and a lack of inventory in the existing home market. In March, the US median home price was $387,400, down 6.2% from $412,900 a year earlier. To address ongoing affordability constraints, builders have made strides toward offering more homes at the lower end of the price spectrum. In March, 20% of new homes were priced below $300,000. New home sales drive demand for moving services.
• The New York Times reports that, according to real estate investment services firm Flock Homes, about 7.2 million single-family homes are sitting vacant across the US. Many older homeowners choose not to sell because steep tax liabilities, including capital gains taxes, make it cheaper to hold properties than to list them. Homes inherited by heirs are often valued on a stepped-up basis at current market value, nearly eliminating capital gains taxes, further discouraging older owners from selling. The trend is especially pronounced in major metro areas, where retirees' unoccupied paid-off homes remain off the market despite ongoing housing shortages. This dynamic limits housing turnover, reducing inventory and slowing relocation activity, which directly dampens demand for the moving services industry, as fewer home sales translate into fewer moves.