Tuesday, July 29, 2014

U.S. homeownership rate falls to 19-year low in second quarter

WASHINGTON (Reuters) – Homeownership in the United States hit a 19-year low in the second quarter as financially squeezed Americans opted to rent, pointing to a sluggish housing market recovery.
The seasonally adjusted homeownership rate fell to 64.8 percent, the lowest level since the...
U.S. homeownership rate falls to 19-year low in second quarter

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