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- The development of smaller homes near public transit and urban centers will rise.
- An increasing number of millennials, who made up over half of first-time buyers in 2016, will become homeowners this year, resulting in more racial and ethnic diversity in homeowners overall.
- Homeowners will continue to move to the suburbs to find more affordable housing, resulting, for the first time in a decade, in an increased share of people driving to work.
- As incomes rise and escalating rents slow, rental affordability will improve.