A
growing share of homebuyers are millennials, and more of them are purchasing
single-family homes outside of urban areas, according to the 2016 National
Association of REALTORS Home Buyer and Seller Generational Trends study.The
share of millennials buying in an urban or central city area decreased to 17
percent (21 percent a year ago) in this year’s survey, and fewer of them (10
percent) purchased a multifamily home compared to a year ago (15 percent). Learn
more
here.