Non-seasonally adjusted home
ownership rates peaked at 69.2 percent in both the second and fourth quarter of
2004. Since then, they have drifted lower, hitting the current level of
64.8 percent in the first quarter of 2014. This brings us back to
ownership levels last seen in mid-1995. At the end of the recession in
the second quarter of 2009, home ownership rates were still at 67.4 percent and
have continued to fall since then.
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