Homeownership falls to lowest level since 1998

 · It was the lowest level since at least 1963. The peak of 36.7 percent came in 1965, during the nation’s youth counterculture movement. The past year’s decline in migration came after a modest increase from 2011 to 2012, a sign that young adults remain tentative about testing the job market in.

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 · The homeownership rate fell further last quarter, and is now at its lowest level in a decade, according to a Census Bureau report released today.. The homeownership rate – measured by the percentage of occupied housing units that are occupied by their owners – had been rising in the 1990s and early 2000s partly because of more lax mortgage lending, and partly because of.

 · The seasonally adjusted homeownership rate fell to 64.8 percent, the lowest level since the second quarter of 1995, the Commerce Department said on Tuesday. The rate, which peaked at.

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A burst of hiring in April provided a reassuring sign for the U.S. economy and reduced a broader gauge of the job market’s health to its lowest level since the recession began. in do-it-yourself.

US homeownership rate falls to lowest level in 51 years By Gabriel Black 3 August 2016 The United States’ household home ownership rate fell to its lowest level in a half-century in the second.

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That was the lowest level since February 2007 – near the beginning of the nation’s foreclosure crisis – and down 23% from a year ago. But foreclosure activity is increasing in some states where legal.

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 · Today’s national employment report from the U.S. Bureau of Labor Statistics reported an increase of 164,000 jobs in April, which continues tight labor market conditions. The unemployment rate fell to 3.9 percent, the lowest level since December 2000.

The U.S. homeownership rate fell to 66.5% of all households in the fourth quarter of 2010, marking the lowest recorded homeownership level since 1998, according to data released by the U.S. Census Bureau. The fourth-quarter rates were down 0.4% from the third quarter of 2010 and 0.7% from the fourth quarter of 2009.