Tuesday, November 26, 2013

Data Shows Americans Moving Less; What This Means for Multifamily via Multi-Housing News Online

Americans are on the move, though not as much as in recent years. According to the U.S. Census Bureau, 35.9 million U.S. residents (or 11.7 percent) moved between 2012 and 2013. This shows a decline from the 12 percent of Americans who moved in 2012.

The information, which was taken from Geographical Mobility: 2012 to 2013, also shows that in 2011 a record low of 11.6 Americans moved, which makes 2013’s numbers statistically similar to 2011.

The analysis showed that the most common reasons for moving were housing-related, at 48 percent. This was followed by family-related reasons at 30.2 percent and employment-related reasons at 19.4 percent.

Read more...Data Shows Americans Moving Less; What This Means for Multifamily | Multi-Housing News Online

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