Homeownership fell to a 51-year low in the second quarter, due to a combination of factors including aftereffects of the Great Recession.
The national homeownership rate is at its lowest level in 48 years, according to new data from the U.S. Census Bureau.
The homeownership rate has fallen to its lowest level since 1999, according to the Census Bureau. In the second quarter of this year, the homeownership rate fell to 66.9 percent. That’s down from a 67.4 percent homeownership rate in the second quarter of 2009. The last time the homeownership rate was this low was in