MBA Chart of the Week: Net Migration by Metropolitan Status

This week’s MBA Chart of the Week shows net migration by metropolitan status over the past five years. The green line shows that the net movement into nonmetropolitan areas has hovered around zero, growing by an average of 19,000 migrants (nationally). On the other hand, metropolitan areas absorbed more than 5.7 million migrants over this period.

MBA Chart of the Week: Net Migration by Metropolitan Status

This week’s MBA Chart of the Week shows net migration by metropolitan status over the past five years. The green line shows that the net movement into nonmetropolitan areas has hovered around zero, growing by an average of 19,000 migrants (nationally). On the other hand, metropolitan areas absorbed more than 5.7 million migrants over this period.

Housing Starts Continue to Ramp Up

The October housing starts report from HUD and the Census Bureau shows home builders continue to respond to consumers’ seemingly insatiable demand for new housing.

3Q Homeownership Rate Falls by 0.5%

Despite a jump in home purchase activity this summer—but also perhaps because of the coronavirus pandemic—the U.S. homeownership rate slipped by 0.5 percent in the third quarter, the Census Bureau reported Thursday.