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2016 Homeownership Falls to 63.4%

Monday, May 1, 2017

The homeownership rate in 2016 fell to 63.4%, according to the Census Bureau's Housing Vacancies and Homeownership Survey – down 0.3 percentage points in the past year. To find a lower homeownership rate, you have to go all the way back to 1965. Since the homeownership rate peaked in 2004, it has fallen by 5.6 percentage points.

Homeownership Rate

2016: 63.4%
2015: 63.7%
2010: 66.9%
2004: 69.0% (peak year)
2000: 67.4%
1990: 63.9%
1980: 65.6%
1970: 64.2%
1960: 62.1%

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California Median Home Price Tops $600K

Thursday, June 21, 2018

California's home sales retreated both on a monthly and annual basis, wiping out most of the gains posted for the year, the California Association of Realtors (C.A.R.), said late Tuesday....

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Smaller Households, Bigger Houses, Smaller Lots

Wednesday, June 20, 2018

The average U.S. household is 24% (or 0.82 people) smaller than it was in the early 1960s. This downtrend has flattened out a lot since the Great Baby Boomer Move-Out of the 1970s, and household size has even on occasion gone up for a year...

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