U.S. Home Ownership Lowest Rate Since 1995


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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