Tag Archive for ‘homeownership rate’

Homeownership Rate Dips to 64.2%

According to the Census Bureau’s Housing Vacancy Survey (HVS), the U.S. homeownership rate declined to 64.2% in the first quarter of 2019, which is 0.6 percentage points lower than the last quarter reading of 64.8%. However, it is virtually unchanged from the first quarter of 2018. The rate of homeownership is still on an upward trend after dropping to a… Read More ›

Strong Owner Household Formations in 2018

According to the Census Bureau’s Housing Vacancy Survey (HVS), the U.S. homeownership rate increased in the last quarter of 2018 and now stands at 64.8%. The national homeownership rate is on a sustainable upward trend, after dropping to a cycle low of 62.9% in the second quarter 2016. Compared to the peak of 69.2% by the end of 2004, the… Read More ›

Strong Owner Household Formations in the Second Quarter

According to the Census Bureau’s Housing Vacancy Survey (HVS), the U.S. homeownership rate was 64.3% in the second quarter 2018. After dropping to a cycle low of 62.9% in the second quarter 2016, the national homeownership rate seems to be on a sustainable upward trend. Compared to the peak of 69.2% in 2004, the homeownership rate is lower by five… Read More ›

Homeownership Rate Stable

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

Homeownership Rate Bottoming Out?

According to the Census Bureau’s Housing Vacancy Survey (HVS), the U.S. homeownership rate was 63.5% on a seasonally adjusted basis in the fourth quarter of 2016, a small increase from the third quarter of 63.4%. This is the second consecutive increase, following a 50-year low of 63.1% in the second quarter of 2016. Homeownership rates increase with age, rising from… Read More ›

Vacancy and Homeownership Rates by State – 2014

According to the Census Bureau’s annual estimates from the Housing Vacancy Survey (HVS), the national homeowner vacancy rate is at its lowest point since 2005 and the rental vacancy rate is at its lowest point since 1995. The relatively tight housing and rental markets are occurring concurrently with falling homeownership rates. The homeownership has fallen for 10 straight years. The… Read More ›

Rental Vacancy Rate at 20 Year Low

The rental market continues to be heat up with the national rental vacancy rate dropping to a 20 year low. At the same time, the homeownership rate continues to fall and is now at a low point not seen since the third quarter of 1994. The current first-time buyers share is 29% and remains well below the historical average of… Read More ›

Homeownership Rate Nears 20 Year Low

The seasonally adjusted homeownership rate, according to Census Bureau’s quarterly survey, was 64.3% in the third quarter of 2014, down from the prior quarter and the reading from one year ago. The homeownership rate remains below the historical 20-year average of 66.9% and has not been this low since the fourth quarter of 1994 when the homeownership rate was 64.1%…. Read More ›

Homeownership Rate Continues to Decline

The seasonally adjusted national homeownership rate fell to 64.8% during the second quarter of 2014. This marks a drop of 4.6 percentage points since the peak rate of 69.4% during the second quarter of 2004, according to the Census Bureau’s quarterly survey. The homeownership rate declined by 0.3 percentage points year-over-year. The current rate is also below the 20-year historical… 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 ›