The U.S. homeownership rate rose to the highest level since 2014, led by a growing share of buyers in their mid-30s and early 40s.
The rate for Americans age 35 to 44 rose to 61.1% in the fourth quarter from 58.9% a year earlier, according to Census Bureau data released Thursday. For buyers under age 35, the share was 36.5%, up from 36%.
The increase signals that some older millennials are spreading out as they start families, and young Generation-Xers are coming back to homeownership after losing properties in the last decade’s real estate crash. The number of owner-occupied households jumped […] Read more