Homeownership Rate

10 Housing Markets to Watch in the New Year

December 11th, 2017
Dwindling inventory, high demand and even higher prices. Will the housing market shift next year? According to a 2018 Housing Forecast by Trulia, the answer is contingent on many wait-and-sees. Definitive, however, is at least one indicator: the homeownership rate....

Homeownership Rate Makes Marginal Progress

January 30th, 2018
2017 closed with the homeownership rate improving, but at a slight standstill: 64.2 percent, according to the U.S. Census Bureau’s Quarterly Housing Vacancies and Homeownership Report. The figure is marginal progress from the third quarter of the year, when the...

Housing in 2018: Where Are Home Values Headed?

December 5th, 2017
Analysts are expecting even higher home prices in 2018 than originally projected, according to new research. Zillow’s 2017 Q4 Home Price Expectations Survey reveals experts are anticipating a 4.1 percent hike in the new year, up from the 3 percent...

Beyond the Bottom? Homeownership Rate Creeps Back Up

July 30th, 2017
The homeownership rate crept up close to a full percentage point from one year ago to 63.7 percent in the second quarter, encouraged by more owner household formation, according to the U.S. Census Bureau’s recent Quarterly Housing Vacancies and Homeownership...

Gap Slims Between Low- and High-Income Homeownership Rate

August 13th, 2017
Individuals with low incomes have historically struggled to become homeowners, cut off from the opportunity to not only build wealth through equity, but also establish an appreciating, long-term asset. New research now shows the homeownership rate in the lowest income...

Homeownership Rate Improves for Second Time in 2017

October 31st, 2017
The homeownership rate improved to 63.9 percent in the third quarter—the second time it has inched up this year, slightly topping 63.7 percent in the second quarter and 63.5 percent this time last year, according to the U.S. Census Bureau’s...

Renter Household Explosion Fueled From All Sides

July 26th, 2017
More households in America are headed by renters now than at any other time in the last 50 years, with owner household formation toppled by renter household formation in the past 10, according to a recent analysis of Census Bureau...

Hispanics to Begin Bridging Gap in Homeownership Rate

June 28th, 2017
The Hispanic homeownership rate is trailing behind the white homeownership rate, at 26 percent below the white homeownership rate in 2015—a catch-up, though gradual, from 29 percent in 1995. Hispanics could, however, make strides to bridge the gap in the...

Is There Hope for the Homeownership Rate?

May 1st, 2017
The homeownership rate clung to 63.6 percent in the first quarter of 2017, virtually unchanged from 63.7 percent the quarter prior and 63.5 percent the year prior, according to the U.S. Census Bureau’s recent Quarterly Housing Vacancies and Homeownership report....

NAR Midyear Forecast: Existing-Home Sales Poised to Climb 3.5 Percent in 2017

May 18th, 2017
The multi-year stretch of robust job gains along with improving household confidence are expected to guide existing-home sales to a decade high in 2017, but supply and affordability headwinds and modest economic growth are holding back sales and threatening to...
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