WASHINGTON, D.C. — The U.S.
homeownership rate climbed to 66 percent in the third quarter, the highest level since the Census Bureau started keeping homeownership records.
«The market is buoyed increasingly by immigrants,» he says, adding that after they've been in the U.S. 10 years, «
their homeownership rate climbs rapidly.»
Not exact matches
In the last three years, the number of homeowners has increased 3.4 million and national
homeownership rate has
climbed to 65.4 percent — just short of its all - time peak.»
At the same time, we expect the national
homeownership rate to
climb from 68 percent today to 70 percent in 2010, with more than 2 million households swapping renting for owning.
Results from the survey show Americans» optimism about the recovery of the housing market, and that
homeownership continued its gradual
climb, bolstered by a series of mortgage
rate decreases experienced throughout the summer.
The
homeownership rate is showing the largest rebound in the Midwest, where the ownership
rate climbed to 69.1 percent from 68 percent in the second quarter.
We predict that the
homeownership rate will continue to
climb, albeit slowly.