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United States

Report | United States Homeownership Trends - Q1 2015

Summary

  • U.S. homeownership rates declined to 63.7 percent in Q1 2015, continuing a two decade, structural decline through both recession and more recent economic prosperity.
  • Renter-occupied households increased 26.9 percent since 2005, complemented by a 870 bps decline in under-35 homeownership during the same time frame to 34.6 percent.
  • The national rental housing vacancy rate, as well as those rates across all regions of the U.S., have declined year-on-year, highlighting a continuing demand for rental housing.

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