Homeownership falls to lowest level since 1998

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The nation’s homeownership rate rose to 65.5 percent in the second quarter, the Census Bureau reported Friday. The Census Bureau though revised downward the homeownership rate for the first quarter to 65.4 percent (from the originally reported 65.5 percent), the lowest since the first quarter of 1997 when the rate was also 65.4 percent.

After rising just over a decade ago to its highest level ever, the nation's homeownership rate fell to match its all-time low and could drop even.

Home ownership is on the decline and. of people who owned a home had dropped to 65.9% during the second quarter — its lowest level since the first quarter of 1998 and a far cry from the high of 69.

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Home ownership in England falls to 30-year low.. the lowest figure since 1985.. Mr Cameron’s administration hailed a slight rise in home ownership levels between 2014 and 2015, but the.

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 · U.S. Homeownership Drops To 48 Year Low; Median Asking Rent Soars To All Time High.. with the homeownership rate plunging from the lowest level since. as homeownership falls, demand for.

Victoria has reached its lowest level of homeownership on record, and the social lives of the state’s young adults are partly to blame. The Australian Bureau of Statistics’ 2017-2018 Survey of Income and Housing released today has revealed just 68.3 per cent of.

Black unemployment fell to 6.8 percent in December, the lowest ever recorded by the U.S. Labor Department since it began tracking the black. African Americans lag far behind whites on pay, wealth.

The number of homeowners taking out mortgages in February fell to the lowest figure since November, according to UK banks. during the winter months fell back in February, to average levels seen.

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The U.S. homeownership rate fell to 65.9 percent in the second quarter of 2011. According to the U.S. Census Bureau, this is the lowest level since 1998. According to the American Bankers Association, a 1 percent drop in homeownership equates to 1.1 million fewer homeowners.

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