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Homeownership Rate In U.S. Hits Highest Rate Since 2014

The homeownership rate in the U.S. hit 64.4 percent during the third quarter of this year, according to data just released from the Census Bureau.  This is the highest rate of homeownership in the U.S. since the third quarter of 2014 when the rate was also 64.4%.

As the chart below shows, homeownership rates increased in the Northeast and West regions during the 3rd quarter, from a year ago, but declined slightly in the Midwest and the South.

Homeownership Rates By U.S. Region – 3rd Quarter 2018 vs 2017

Homeownership Rates By U.S. Region - 3rd Quarter 2018 vs 2017

 

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