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Joint Center for Housing Studies of Harvard University | The State of the Nation’s Housing 2015

Published on May 16, 2016
Joint Center for Housing Studies of Harvard University | The State of the Nation’s Housing 2015

One telling indicator of the state of the nation’s housing is the drop in the homeownership rate to just 64.5 percent last year, erasing nearly all of the increase in the previous two decades. The number of homeowners fell for the eighth straight year, signaling persistently weak demand in this key market segment. And the trend does not appear to be abating, with the national homeownership rate down to 63.7 percent in the first quarter of 2015.