Thursday 30 January 2020

US homeownership rate rises to highest level in 6 years

The U.S. homeownership rate is now at its highest point in six years, signaling continued confidence in the market despite anxiety that the current cycle is nearing an end. Rates dipped in most big cities, which have priced out many potential buyers. According to fourth quarter U.S. Census data released Thursday, 65.1 percent of Americans owned their own homes. While that represented a slight increase over the 64.8 percent from the third quarter, it highlights



source https://therealdeal.com/2020/01/30/us-homeownership-rate-rises-to-highest-level-in-6-years/

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