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Homeownership Rate Dips to Five-Year Low

Thread starter Hoca
Start date Today at 1:49 AM

Hoca

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Staff member

Today at 1:49 AM

The homeownership rate declined to 65.1% in the first quarter of 2024, the lowest level since the first quarter of 2020, according to the Census’s Housing Vacancy Survey (HVS). Amid elevated mortgage interest rates and tight housing supply, housing affordability is at a multidecade low. Compared to the peak of 69.2% in 2004, the homeownership...

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