As we close out the year, the Census Bureau recently reported that the rate at which renters moved in 2017 was at a historic low of 21.7%, compared to 35.2% back in 1988. However, they report that renters still moved at a higher rate than owners (21.7% versus 5.5%, respectively).
“Although renters continued to move at higher rates compared to owners, the decrease in the overall mover rate was partially driven by declining mover rates for renters,” said Charlynn Burd, a geographer with the Social, Economic and Housing Statistics Division.
Click here to read the full report on Census.gov.
