Short List
Owner-Unoccupied
The U.S. homeownership rate slipped from 64.4 percent in the third quarter of 2014 to 64.0 percent in the fourth quarter, according to a study by the U.S. Department of Commerce. The homeownership rate is now the lowest it has been in 20 years, and the decline has affected all four of the nations regions. The fourth-quarter 2014 homeownership rate was 1.2 percent lower than the Q4 2013 total.
Both the rental and homeowner vacancy rates declined in the fourth quarter of 2014. National homeowner vacancy rates ended the fourth quarter at 1.9 percent, down 0.2 percent from one year ago. National rental vacancy rates in the fourth quarter of 2014 decreased 1.2 percent from a year earlier.
Homeownership rates in the fourth quarter of 2014 were highest for homeowners age 65 and older, at 79.5 percent, and the lowest for those 35 years of age and younger, at 35.3 percent.
