Tag Archive for ‘household formations’

Young Adults Headship Rates Hit New Lows

The most recent American Community Survey (ACS) data revealed that the worrying trend of rising shares of young adults living with parents, relatives or sharing house with roommates continued in 2017. Only 40% of young adults ages 25 to 34 lead their own household in 2017. In comparison, close to 46% of adults in this age group were household heads… Read More ›

Homeownership Rate Approaches 64%

According to the Census Bureau’s Housing Vacancy Survey (HVS), the U.S. homeownership rate is at 63.9% in the third quarter 2017, which is statistically unchanged from its last quarter reading of 63.7%. The rate of homeownership is on an upward trend after dropping to a cycle low of 62.9% in the second quarter 2016. Compared to the peak of 69.2%… Read More ›

Homeownership Rate Bottomed Out?

According to the Census Bureau’s Housing Vacancy Survey (HVS), the U.S. homeownership rate was 63.7% in the second quarter 2017, which is statistically no different from its last quarter reading of 63.6%. The rate of homeownership appears to be stabilizing after reaching a cycle low of 62.9% in the second quarter 2016. It was 1.3% higher than a year ago… Read More ›

Homeownership Rate Holds Steady in Fourth Quarter

The seasonally adjusted homeownership rate remained unchanged at 65.3% during the final three months of 2012. For the year as a whole, the homeownership rate averaged approximately 65.5%–the weakest calendar year average since 1996. Homeownership rates declined across all age groups compared to the fourth quarter of 2011; however, the largest year-over-year decline occurred among households headed by a person… Read More ›