The exurbs saw a huge decline after the housing bubble burst, convincing analysts that preferences of Americans had shifted to urban living.
But new Census data suggests that eight years after the crash, Americans are starting to move back to the exurbs again, The Washington Post reports.
In fact, updated Census county population estimates show that exurbs are growing faster than urban areas, similar to the trend during the housing boom.
Advertisement
Related Stories
Sales
What the NAR Commissions Settlement Means for Home Builders
The legal settlement will improve transparency during the home sales process, mitigate predatory practices, and help preserve profitability for home builders
New-Home Sales
Mortgage Rates Are Up but New-Home Sales Still Solid in March
Lack of existing home inventory drove a rise in new-home sales, despite higher interest rates in March
Sustainability
Mention of Eco-Friendly Home Features Is on the Rise in Sales Listings
Home listing descriptions using eco-friendly terms have been rising over the past five years in line with growing consumer interest in the environment and energy efficiency
