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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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Steady Gains in Remodeling Activity Moving into 2018

Thursday, July 20, 2017

Healthy and stable growth in home improvement and repair spending is anticipated for the remainder of the year and into the first half of 2018, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program...

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The Where, When, and How of Millennial Home Buyers

Thursday, July 20, 2017

The oldest members of the Millennial generation are entering their mid-30s, and ideally also achieving financial stability. However, student debt is at historic highs, and a Millennial’s median earnings are 20% lower than their Baby Boomer parents.’...

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2017 Apollo Award Finalists Named

Thursday, July 6, 2017

The International Casual Furnishings Association has announced the finalists for the 2017 Apollo Awards. The program recognizes retail excellence in the sales and marketing of outdoor furnishings....

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