By Jing Fu | Eye on Housing
According to the Census Bureau’s Housing Vacancy Survey (HVS), the U.S. homeownership rate was 63.5% on a seasonally adjusted basis in the fourth quarter of 2016, a small increase from the third quarter of 63.4%. This is the second consecutive increase, following a 50-year low of 63.1% in the second quarter of 2016.
Homeownership rates increase with age, rising from youngest to oldest. Changes in homeownership rates varied by age.