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Homeownership by Region, 2016

Monday, May 1, 2017

Nationally, the rate of homeownership fell to 63.4% in 2016, according to the Census Bureau's Housing Vacancies and Homeownership survey. To find a lower national rate, you have to go all the way back to 1965. But trends vary by region.

Northeast Homeownership Rate

2016: 60.2% (lowest rate since 1976)
2015: 60.9%
2005: 65.2% (peak year)

Midwest Homeownership Rate

2016: 68.4% (slightly higher than in 2015)
2015: 68.3% (lowest rate since 1989)
2004: 73.8% (peak year)

South Homeownership Rate

2016: 65.0% (lowest rate since 1965)
2015: 65.1%
2004: 70.9% (peak year)

West Homeownership Rate

2016: 58.5% (lowest rate since 1987)
2015: 58.7%
2006: 64.7% (peak year)

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Custom and Spec Home Market Shares in 2016

Friday, September 22, 2017

The National Association of Home Builders’ (NAHB) analysis of the most recent Census Bureau’s Survey of Construction (SOC) shows that custom- home building registered declining market shares across most U.S. regions in 2016....

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ICFA Introduces the Mary Fruehauf Retail Genius Award

Friday, September 22, 2017

The International Casual Furniture Association (ICFA) announces the creation of the Mary Fruehauf Retail Genius Award to recognize those retailers whose creativity invokes the spirit of the late industry leader’s unique approach to igniting excitement...

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