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Americans are moving, but there’s a ‘notable reversal’ in the types of homes they’re choosing

·2 min read
Americans are moving, but there’s a ‘notable reversal’ in the types of homes they’re choosing

This trend may be contributing to the record home price growth that’s occurring across the country, but at the same time, people who’ve moved are seeing a financial benefit, according to a new report from Zillow. This was “a notable reversal of trends from prior years,” Zillow economist Jeff Tucker said in the report. While the average size of the homes movers left behind was the largest since Zillow (Z)(ZG) began tracking this data in 2016, the average size of the new homes people chose was even larger.