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Home Sales Were Declining — Until They Weren’t. A Data Point Makes Some Analysts Wonder If Renters May Trade Cities for Affordable 'Burbs.

Weeks of Added Home Sales, After a Plunge, Draws Multifamily Industry Attention
While the demand for housing in dense city centers near job hubs isn't expected to plummet, increasing interest in the outskirts of the cities could be climbing. (Getty Images)
While the demand for housing in dense city centers near job hubs isn't expected to plummet, increasing interest in the outskirts of the cities could be climbing. (Getty Images)

After years of booming apartment demand in urban centers, early data has some analysts wondering if some renters may be having second thoughts about the value proposition of their small, pricey dwellings during a pandemic that's made more roomy single-family homes more attractive.

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News | Home Sales Were Declining — Until They Weren’t. A Data Point Makes Some Analysts Wonder If Renters May Trade Cities for Affordable 'Burbs.