Renting Archive

The Profile of Homeowners and Renters by Metro Area

Based on the American Community Survey 2014, the typical homeowner is 45-54 years old, married, and lives in a single-family detached unit. In contrast, the typical renter is 25-34 years old living alone in multi-unit structures (mostly with 5-9...

Latest Housing Starts

The latest data on housing starts suggests the construction of new apartments is now well above historical trends.  On the other side of the coin, the construction of condominiums and single-family homes continues to be well below historical trends. ...

Accelerating Housing Costs Has Renters Feeling the Squeeze

The gap between rental costs and household income is widening to unsustainable levels in many parts of the country, and the situation could worsen unless new home construction meaningfully rises according to new research by the National Association of Realtors®....

4th Quarter Homeownership Rate of 2014

The U.S. homeownership rate fell again in the fourth quarter of 2014 to its lowest point in over two decades.  The latest 63.9 percent ownership rate is down from the bubble peak rate of 69.4 percent.  A further drop...

Net Worth of Homeowners vs. Renters

In the past 15 years, the net worth of the typical homeowner has ranged between 31 and 46 times that of the net worth of the typical renter. Homeowner equity is a substantial component of homeowner wealth. The Federal...