US Household Mobility Hits Record Low, Report Finds

Just over one in 10 households moved in 2024, according to a new Harvard report.
US Household Mobility Hits Record Low, Report Finds
A truck towing a moving trailer drives near Rio Vista, Calif., on Sept. 15, 2023. Josh Edelson/AFP via Getty Images
Mary Prenon
Mary Prenon
Freelance Reporter
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Americans appear to be staying put in their homes or apartments, as new data showed that household mobility dropped to a record low at the end of 2024.

The Feb. 9 report by the Harvard University Joint Center for Housing Studies shows just over one in 10 households moved in 2024, with homeowners driving the decline due to continuing home price increases and elevated mortgage interest rates.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.