NC in Focus: Homeownership Rates, 1976-2014

By on 3.5.15 in Housing

In the past few years, there have been many articles about declining home ownership. Nationally, the March Current Population Survey (CPS) shows that homeownership peaked at 69.2% of households in 2005 and has declined steadily since then. In the most recent data, the U.S. homeownership rate was 64.6% in 2014. This is the lowest homeownership rate since 1995, but not the lowest recorded in this data: 63.6% of U.S. households owned or were in the…

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