USA: How Commercial Real Estate Is Changing Residential Housing

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"Suburbia boomed in the 1950s as people moved out of urban centers throughout the country and into newly developed neighborhoods filled exclusively with houses. As suburbs developed, commercial hubs – from shopping malls to office complexes – grew to meet the needs of suburban residents.

But over time, the move away from city centers has reversed itself, as people move back to urban areas for closer proximity to work, shopping and cultural amenities they enjoy on a regular basis. Urban home values are now outpacing suburban homes, worth more than 2 percent on average, according to a January 2016 report by real estate information company Zillow. In 2013, the average urban home was worth more than 1 percent less than the average suburban home, Zillow notes. "

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Source : USA: How Commercial Real Estate Is Changing Residential Housing