Homeownership Rate on the Rise to a 6-Year High

Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below:
Chris Plante, Broker (951) 708-8008 DRE # 00902661
6930 Indiana Ave., Suite 1 Riverside CA 92506