November 14, 2019
The September 2019 National Update is now available.
LIFETIME HOMEOWNERSHIP AND HOMEOWNERSHIP SURVIVAL RATES USING THE NATIONAL LONGITUDINAL SURVEY OF YOUTH
11/1. The U.S. homeownership rate stood at 64.2 percent in the first quarter of 2019, an improvement from its level between 2015 and 2018, but still significantly below its peak of 69.2 percent in 2004. The weaker homeownership rate is partly due to housing affordability challenges facing the market today. But it could also be the case that more households prefer to rent than before, or they are moving in and out of homeownership over shorter periods of time to meet their needs.
Read the full report.
Available to the public:
• Building Permits by Metro
• Employment by Metro
• View More Economic and Housing Data on www.nahb.org