Items Tagged with 'Vacancy rate'


  • Millennials drive homeownership rate increase in Q3

    First-time homebuyers transition from renting
    The homeownership rate increased slightly in the third quarter, both month-over-month and annually. This increase was driven primarily by first-time homebuyers as more Millennials opted out of renting, and entered into the homeownership market.
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  • Homeownership rate reaches highest level in three years

    But remains historically low
    The national homeownership rate reached its highest level since the fourth quarter of 2014, but while the rate has been steadily rising since 2016, it still remains historically low. But there is one population which stands above the rest with its homeownership rate increase.
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  • Experts: Surprise homeownership increase is a step in the right direction

    But still has a long climb ahead
    The homeownership rate increased by nearly a full percentage point from last year, despite the struggle for more housing inventory, however experts pointed out the current rate is not much higher than last year’s more than 50-year low. While the housing market grew $7 trillion since the last cyclical low, as long as the homeownership rate remains low, that wealth is being distributed among fewer numbers of Americans.
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  • Millennials drive up homeownership rate in Q2

    Homeownership vacancy rates drop to lowest level since 2001
    The U.S. Census Bureau announced the homeownership rate for the second quarter, which increased slightly from last quarter and last year. Surprisingly, only one generation saw an increase in its homeownership rate – Millennials. And this culturally diverse population could be changing housing as we know it.
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  • Homeownership rate falls again, nearing all-time low

    So much for the supposed recovery
    Just over two months ago, it seemed like there might finally be a light at the end of the tunnel as the homeownership rate in the United States increased for the second straight quarter, after falling to a 48-year low in the second quarter of 2015. But as it turns out, that growth may have been a mirage.
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  • Homeownership rate rises for first time in 2 years

    Increases after dropping to 48-year low in second quarter
    After dropping to the lowest level in 48 years in the last quarter, the homeownership rate in the United States increased during the third quarter. The increase during the third quarter was the first time the homeownership rate increased in two years.
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