Report | United States Homeownership Trends - Q3 2015
U.S. homeownership rates increased for the first time in two years as existing home sales rebounded to February 2007 levels. Homeownership by millennials drove this increase, but the age group still has seen a 16.7 percent decline over the past decade. A strengthening housing market has the potential to make homes less affordable for renters, as national home prices have appreciated 5.1 percent in the last year.
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