Metropolitan Statistical Area (MSA):

St. Louis, MO-IL

St. Louis, MO-IL is a Metropolitan Statistical Area (MSA) comprising counties including .

Housing Market Trends in the St. Louis, MO-IL Metropolitan Statistical Area

There are many factors influencing real estate trends in the housing market, and the St. Louis, MO-IL metropolitan statistical area is no different. The following are some of the most notable trends affecting this region:

1) The millennials are coming of age and they're looking for affordable housing options that fit their lifestyle. This has led to an increase in demand for smaller homes, apartments, and condos in urban areas.

2) Baby boomers are downsizing as their children move out on their own. This has created a market for larger homes in the suburbs with plenty of amenities to keep them busy in retirement.

3) The rise of online shopping has made it easier than ever for people to buy homes without ever stepping foot inside them. This has led to an increase in demand for new construction homes that come with all the bells and whistles.

4) Economic uncertainty has led many people to reconsider buying a home as an investment. This has caused a decrease in demand for luxury homes and an increase in demand for more affordable options.

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