Tag Archives: housing market

Home ownership is at its lowest rate since 1965

The U.S. Census Bureau announced last week that the home ownership rate is currently at 62.9 percent, a non-seasonally-adjusted figure. According to the Federal Reserve Economic Data from the Federal Reserve Bank of St. Louis, this is the lowest the home ownership rate has been in 51 years. In addition, the National Association of Realtors released its annual survey on ...

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Economic Snapshot: Incremental changes in the housing market

The Housing Market Index is once again unchanged but existing home sales are showing growth in March. And while housing starts fell this month, they are still considerably higher than in 2015. Housing market index Builder confidence remained unchanged for the third consecutive month at 58. The component measuring sales expectations in the next six months and the component charting ...

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