Print
EmailCensus Bureau: Homeownership rate drops
Both the homeowner property vacancy rates and homeownership rate fell in the last quarter of 2010, the U.S. Census Bureau announced in its latest Housing Vacancies and Homeownership report.
The homeownership rate for the last quarter was 66.5 percent, lower than both the previous quarter and the final quarter of 2009. The rate was highest in the Midwest and lowest in the West, but all the regions had lower homeownership rates than in 2009.
The vacancy rate for homeowner property was 2.7 percent, 0.2 percent lower than the previous quarter, and about the same as the fourth quarter of 2009. The rate in principal cities was 3.6 percent, higher than the rates for the suburbs and outside the Metropolitan Statistical Areas. Regionally, the rates remained consistent compared to 2009.
More like this
Comments on: "Census Bureau: Homeownership rate drops"
RELATED ARTICLES
Sustained KBI score reflects continued optimism heading into summer.
The American Architectural Manufacturers Association (AAMA) announced the release of an interim procedural guide that will provide a documented, optional process to extend...
Search Our Buyer's Guide
Reference Library
Professional Remodeler’s annual Market Leaders list, which identifies the top...
With demand for custom design, remodeling, and renovations at its highest level since 2005, ...
Normandy Remodeling converts confined kitchen into sprawling galley.
Each year, the National Kitchen and Bath Association surveys its members to identify the latest...
Each year, the National Kitchen and Bath Association surveys its members to identify the latest...
