The Financial Post reports in its Thursday edition that the baby boomer generation has long been the wealthiest cohort of Canadians, but Generation X is gaining on them. The Post's Serah Louis writes that the average boomer household's wealth rose to $1.45-million in the second quarter of 2025, up just 5.4 per cent from the same period a year earlier, according to Statistics Canada. Households from Gen X, the so-called "forgotten generation," meanwhile, saw their wealth jump 11 per cent year-over-year to $1.33-million, the fastest growth in average net worth across all households. Gen X (those aged between 45 and 60 years old) could soon surpass baby boomers (aged between 61 to 79 years old) in average wealth, the data suggest. Gen X was the only group to increase its real estate holdings year-over-year (by 2.65 per cent). On average, they had $684,706 in real estate in the second quarter, the highest across all generations, in part because Gen-Xers are more likely to own single-family homes. Condos saw a significant decline in value in regions such as Toronto, said TD Bank economist Maria Solovieva. Millennials (29 per cent) and baby boomers (23 per cent) accounted for more than half of all condo dwellers in 2021.