Week of December 17, 2018

Changes in U.S homeownership

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Month Age < 35 35–44 45–54 55–64 65+
09/2015 35.8% 58.1% 69.9% 75.3% 78.7%
09/2018 36.8% 59.5% 69.7% 75.6% 78.6%
change 1.0% 1.4% -0.2% 0.3% -0.1%

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Month Homeownership Rental occupancy Inventory
09/2015 63.7% 92.7% 953,606
12/2015 63.8% 93.0% 813,757
03/2016 63.5% 93.0% 822,508
06/2016 62.9% 93.3% 876,223
09/2016 63.5% 93.2% 856,438
12/2016 63.7% 93.1% 719,740
03/2017 63.6% 93.0% 720,343
06/2017 63.7% 92.7% 787,925
09/2017 63.9% 92.5% 782,069
12/2017 64.2% 93.1% 666,099
03/2018 64.2% 93.0% 685,486
06/2018 64.3% 93.2% 777,581
09/2018 64.4% 92.9% 795,062

The first graph shows homeownership by age group, comparing data from September 2015 and September 2018. People 35–44 had the largest increase in homeownership among all age groups. This trend is largely because the age of marriage and childbearing in the U.S. has been rising, so related life milestones like buying a home are more likely happening later in life.

The second graph depicts the trends in rental occupancy and homeownership from September 2015 to September 2018. The rental occupancy has remained high over the past three years above 92%. The data also indicates that homeownership has increased a little bit over the past three years from 63.7% in September 2015 to 64.4% in September 2018.1

1Source data: U.S. Census & CoreLogic® 
Data date: 10/25/2018

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