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The Top Home Features Among Millennials and Generation Z

11/26/2020

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A survey conducted by the National Association of Realtors published in Oct. 2020 found that the coronavirus pandemic is influencing younger generations' housing preferences.  
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According to the 2020 Communication and Transportation Preference surveys conducted by the National Association of Realtors young Americans are looking for larger homes with more outdoor space, but in walkable areas. The surgery showed that young adults who live in walkable areas tend to report a higher quality of life than those who live in less walkable area. 

The article about the survey published by the National Association of Realtors noted that "Americans under the age of 40--millennials and Generation Z--are the most likely to say their overall quality of life has been negatively affected by the pandemic."

Vince Malta, NAR's president was quoted say that although the pandemic has "dramatically changed people's lives, this study shows that a substantial demand for walkability persists for Americans of all ages."

Along with the aforementioned results, the survey also noted that families with children in school tended to desire detached homes and large yards. Before the pandemic, most Americans preferred smaller yards in a walkable community, according to the survey.

To find out more about what NAR found in its 2020 Communication and Transportation Preference survey, view the full article here.
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