Americans Are Moving Less

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Are people moving less often?  According to a new report from the U.S. Census Bureau that appears to be the case.  In 2016, the percentage of Americans moving over a one-year period fell to an all-time low of of 11.2%.  In addition, among those who did move, 42.2%  said they moved for a housing-related reason (better home, etc) while 27.4% said they moved for a family-related reason. Interestingly only 20.2% said they moved for employment reasons and around 10% gave some another reason…Indeed, the full report is a data-lover’s dream.

 

US moving rate - low

Click here to read the full report at Census.gov.

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Director of Education & Outreach, National Real Estate Investors Association