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RAB Research Archive

NAR survey highlights new housing trends



Generation X households are buying more homes, a growing number of millennial and younger baby boomer households have children living at home, and more millennials are buying outside of the city, according to the “2017 Home Buyer and Seller Generational Trends” study published by the National Association of Realtors. Citing an improving economy, multiple years of strong job growth and a notable increase in home values in many markets that fueled a greater share of purchases from Generation X households over the past year, NAR officials said that while the challenges faced by millennials with regard to buying a home have been well documented, it is worthwhile to pay attention to shifts in Gen-X’s home purchasing power.

Source: Furniture/Today



View or Download: http://www.furnituretoday.com/article/540926-nar-survey-highlights-new-housing-trends

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