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Homeownership Rate by Age, 2016

Monday, May 1, 2017

The nation's homeownership rate fell to 63.4% in 2016, according to the Census Bureau's Housing Vacancies and Homeownership Survey. This was down from the peak of 69.0% in 2004 – a 5.6 percentage point decline. Among householders ranging in age from 30 to 44, the decline was in the double digits, including a 12 percentage-point drop among householders aged 30 to 34 as the age of first-time home buying continues to advance.

Homeownership Rate in 2016
(and percentage-point decline since 2004 peak)

Total households: 63.4% (-5.6)
Under 25: 21.9% (-3.3)
25 to 29: 30.9% (-9.3)
30 to 34: 45.4% (-12.0)
35 to 39: 55.3% (-10.9)
40 to 44: 62.0% (-10.0)
45 to 54: 69.3% (-7.9)
55 to 64: 75.0% (-6.7)
65-plus: 78.8% (-2.3)

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Steady Gains in Remodeling Activity Moving into 2018

Thursday, July 20, 2017

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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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