Americans moving less than ever before

Fewer Americans are moving to new homes than at any time since the government began keeping track, as demographic trends collide with a hot housing market in which prices are rising over lack of supply.

New data from the U.S. Census Bureau shows just 8.4 percent of Americans live in a different house than they lived in a year ago. That is the lowest rate of movement that the bureau has recorded at any time since 1948.

That share means that about 27.1 million people moved homes in the last year, also the lowest ever recorded.