The national homeownership rate remained roughly flat at 68.9 percent in fourth-quarter 2006, the U.S. Census Bureau reported this week. The rate was 69 percent in third-quarter 2006 and fourth-quarter 2005.
The homeownership rate was 81.2 percent for those 65 and older, 80.7 percent for those 55 to 64, 76.4 percent for those 45 to 54, 68.9 percent for those 35 to 44, and 42.8 percent for those younger than 35. These rates remained roughly flat compared to rates in the third quarter.
Among racial categories, the homeownership rate for “non-Hispanic white” householders reporting a single race was highest at 76 percent.
Source: Inman News