RB Chimney & Hearth

eNews Subscribe to eNews

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%

More eNews

How Young Adults Live: 1967 and 2017

Friday, January 19, 2018

The living arrangements of 25-to-34-year-olds have changed dramatically over the past 50 years, according to Census Bureau statistics. In 1967, more than 80% of 25-to-34-year-olds lived with a spouse. In 2017, no single living arrangement accounts for...

» Continue

Remodeling Market to March Higher in 2018

Friday, January 19, 2018

The coming year is expected to be another robust one for residential renovations and repairs with growth accelerating as the year progresses, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program...

» Continue

Toll Brothers and the Rise of “Affordable Luxury”

Wednesday, January 17, 2018

At the end of my recent conversation about the luxury condo market with David Von Spreckelsen, who founded Toll Brothers City Living (TBCL) nearly 15 years ago, he pitched me the company’s newest development, 91 Leonard, in New York City’s...

» Continue