Commentary
* The home ownership rate in the United States has hovered between 64.0% and 65.7% over the past decade. After rising to 69.2% in Q4 2004, it gradually declined due to the soaring housing prices associated with the rise in the rate of homeownership and the global financial crisis (2007). Since 2017, it has turned to rise.
* By region, the homeownership rate is highest in the Midwest (70.8%) and lowest in the West (60.0%).
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For those interested in learning more about the “average American lifestyle,” please also check out this article.
What's the average American's life like? Understanding the “average” of America's diversifying consumers
・America that values the individual
・America that seeks rationality and efficiency
・Values placed on durable goods
etc.
Reference
Reference
U.S. Census Bureau, "Housing Vacancies and Homeownership (CPS/HVS)" ,Table 14. Homeownership Rates for the US and Regions: 1964 to Present
Retrieved Oct 04, 2024, from here
Commentary
* The home ownership rate in the United States has hovered between 63.7% and 65.8% over the past decade. After rising to 69.2% in Q4 2004, it gradually declined due to the soaring housing prices associated with the rise in the rate of homeownership and the global financial crisis (2007). Since 2017, it has turned to rise. * By region, the homeownership rate is highest in the Midwest (70.1%) and lowest in the West (60.5%).
Reference
Reference U.S. Census Bureau, "Housing Vacancies and Homeownership (CPS/HVS)" - Last Revised: 11/02/2022 20:55:49, Table 14. Homeownership Rates for the US and Regions: 1964 to Present Retrieved Nov 17, 2022, from here
