Millennials fuel single-family rental demand

Millennials are delaying home ownership. The result is an extended rental trend among 25- to 34-year-olds that is fueling real estate opportunities of its own. The group, which is the nation’s second largest generation, is starting to form new households, but unlike past generations, that doesn’t mean buying a starter home. Weak job growth and wage gains among millennials don’t have the group looking to buy anytime soon.