NJ suburbs cool again? Millennials and others return for affordable homes

July 3, 2018

Reyes is part of a growing number moving from cities back to the suburbs, helping to stop a migration that has been draining New Jersey since the beginning of the decade.

It has sparked the housing market, along with conflicts that come with economic growth. But it also could ease concerns that New Jersey would be left in the dust by people seeking more exciting or more affordable locations.

“We may be cleaning out that excess old suburban space and moving on to the next phase of regional evolution,” said James W. Hughes, a Rutgers University economist.

A report by Hughes and his colleague, Joseph Seneca, expected to be released in a month, shows the region’s migration patterns are changing.

APP.com, July 2, 2018

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