The children now outnumber the parents, and that’s having an impact on the residential housing market in America.

Millennials, people born between 1981 and 1996, now number 72.26 million in the U.S. population, according to a new Statista report; while baby boomers, born between 1946 and 1964, have slipped to 70.68 million.

That makes millennials the largest of our generations, and with ages ranging from 25 to 40, they’re also in their prime homebuying years.