Homeownership Rate Flat, but Household Growth Booming

According to the latest Housing Vacancies and Homeownership data release from the U.S. Census Bureau, the homeownership rate was flat year-over-year at 64.2 percent in the first quarter of 2019. This breaks a streak of eight consecutive quarters of increasing year-over-year gains. The flat change was due primarily to a strong uptick in new renter households, although growth among owner households continues to strongly outpace renters.

 Guillermo "Bill" Sanjurjo Realtor® 12955 SW 42 St Suite 2, Miami, FL 33175 Cell: 786-232-1400

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