In the current housing market landscape, rental housing continues to be a significant segment, with just over one-third (34.4%) of households opting for rental accommodations. This trend highlights a notable shift in housing preferences, as the renter population is experiencing growth at a rate three times faster than that of homeowners.
Key Points:
– Nationwide, 34.4% of households are in rental housing
– Renter population growth outpacing homeowner population growth by threefold
For more insights and analysis on the evolving dynamics of the housing market, you can read the full article on the Weekly Real Estate News website.
You can read this full article at: https://wrenews.com/renter-population-is-growing-3x-faster-than-homeowner-population/
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