Urban population rising at the same as rate as the suburbs

For the first time in decades, population growth in urban city centers is increasing at the same pace as residential neighborhoods. Analysts cite the rise in mixed use environments as well the increase in job opportunities as significant factors.

Another reason is the more rapid increase in rental development in urban areas; between 2010 and 2017 rental inventory in cities rose twice as fast as the number of rental units in the suburbs. However, rental and prices tend be be higher in cities while the average household income is lower.