Rent or Buy? 2017 Begins with Spike in Number of Renters Shopping for Homes

In a sign that consumers may be shifting preferences from renting to homeownership, a new TransUnion (NYSE:TRU) analysis found that 55% of those who shopped for a mortgage in Q1 2017 were non-homeowners – most of whom are renters. This is a significant rise from Q1 2016 (50%) and Q1 2015 (45%). The results of the study were featured at the National Apartment Association Education Conference & Exposition.

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