homeownership rate Archive

Homeownership Among Asians

May is the Asian-Pacific American Heritage Month, so in a series of blogs, we look at some demographic and real estate data regarding the Asian and Pacific Islander population.[1] In the first blog, we looked at the size and...

Latest Construction Spending (June 2015)

Construction spending for apartments has been solidly increasing. But there is still a housing shortage and rents are rising at roughly twice the pace of wages. With homeownership rate at near 50-year low, there needs to be an even...

Rising Home Prices and Falling Mortgage Debt

Today’s homeowners are in the best financial shape in recent memory. Home prices have been rising while overall mortgage debt levels have been falling. As a result the net housing equity has nearly doubled in the past four years....

Rental Vacancy and Homeownership Rates

The seasonally adjusted homeownership rate fell for the 7th consecutive quarter to 63.8% in the 1st quarter of 2015, the lowest level in more than two decades.  Homeownership peaked at 69.4% in the 2nd quarter of 2004. The sharpest...

Homeownership Rate in the Second Quarter of 2014

The homeownership rate fell to 64.8 percent in the second quarter.  It marks the lowest ownership rate in nearly 20 years.  After peaking at 69 percent in 2004, the ownership rate has been steadily falling, at first from the...