Daily Real Estate News | April 8, 2011 |
Growth Slows in U.S. Cities
In an analysis of 2010 Census data, University of Nevada Las Vegas urban studies professor Robert Lang says a decline in immigration and the recession contributed to slower growth in cities over the last decade.
Lang says some cities saw blacks relocating to the suburbs, even as cities attracted young professionals and empty-nesters; Washington, D.C., for instance, saw its population grow 5.2 percent despite a loss of black residents.
However, in most other cases, the added residents were not enough to cancel out the losses.
In locations like Charlotte, N.C., Nashville, and Orlando, Fla., immigrants chose to settle directly in the suburbs, bypassing cities altogether.
Of the 15 most populous cities in 2000, 14 lost residents or experienced declines in growth rates, with Philadelphia the only one to reverse a population decline from the previous decade.
Of the 35 cities that rebounded in the 1990s, Lang says Birmingham, Ala.; Detroit; Toledo, Ohio; and New Orleans saw the biggest decline in growth rates since World War II.
Source: "Most Major U.S. Cities Show Population Declines" USA Today (04/07/11)
© Copyright 2011 Information Inc.
Read more:
Residential Market Outlook
Subscribe to News
Daily and weekly real estate news, trends, NAR press releases, convention coverage, plus exclusive features and columns.
RSS Feed
Get the Daily Real Estate News delivered straight to your desktop or news aggregator. (New to RSS? Learn the basics here.)
How did you sell it?
Tell us how you overcame hurdles to sell a challenging or very unique listing!