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U.S. Home Ownership Lowest Rate Since 1995

Thursday, July 31, 2014 | Worthy News / U.S. Economy, US News


LOS ANGELES (Worthy News)-- The share of Americans who own their homes slipped again in the second quarter to its lowest level in nearly two decades, according to the L.A. Times.

Just 64.8% of U.S. homes are owner-occupied, the Commerce Department said Tuesday, down from 65% in the first quarter and the lowest count since the third quarter of 1995. The figures are adjusted to account for seasonal variations. -- Source

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