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Millennials aren’t as crazy about city living as we think, according to the National Association of Realtors’ (NAR) 2018 Home Buyer and Seller Generational report. NAR surveyed 7,866 home buyers who purchased between July 2016 and June 2017, finding that 52% of millennials (37 and under) bought homes in the suburbs. In addition, 21% of these millennials bought homes in a small town, up from 16% last year. reports:

“It’s a common myth that all millennials are living in urban centers," says Jessica Lautz, managing director of survey research at NAR. "The majority of millennials are buying in suburban areas, and there’s a large share who are purchasing in small towns. It costs less to purchase a home in those areas, and schools are becoming a priority for millennial parents.”

Millennials made up the most buyers of any generation represented in the survey, reports. 36% are first time-buyers, about two-thirds are married, and 47% have children.

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