Demand Growing For Walkable Neighbourhoods

The latest issue of “On Common Ground”, the quarterly publication of the National Association of Realtors (NAR) in the USA, is dedicated to the growing market demand for walkability as a key factor in location decisions.

NAR invests considerable resources in researching and understanding nascent and shifting trends in real estate, as well as providing news and case studies for members’ education and awareness.

“Walkability Is Becoming A Necessity”

“Demand for walkable neighborhoods is increasing and this demand is changing real estate. People of all ages are recognizing the benefits of living in a place where they can walk to nearby shops, restaurants, recreation, and public transportation. The benefits are many – convenience, reduced time spent driving, and the health benefit of building walking into your day. But more than that, being walkable may be a major factor in your community staying economically competitive.

“Walkable neighborhoods are driving economic growth as employers and businesses recognize the value of locating in these places to attract employees and customers. And walkable neighborhoods are not just in big cities. They can be in smaller cities and towns, older surburban communities or newly built suburban developments.”

Articles in this issue explore walkability from several different perspectives. Have a read, and let us know what you think.
Read this issue of On Common Ground here.

Author: Alan Medcalf

Alan is a post-corporate, volunteer, community builder living in Brockville, Ontario. He seeks to create sustainable lifestyle advantage for the community by creating opportunities for more people to choose to walk and to ride bikes. He promotes the health, social, environmental and economic benefits of active mobility.