US Fourth Quarter of 2022 Homeownership Rate at 65.9%

By Na Zhao
NAHB – Eye on Housing
January 31, 2023
Category: Finance & Economics
Region: United States

The Census Bureau’s Housing Vacancy Survey reported the U.S. homeownership rate at 65.9% in the last quarter of 2022, which is statistically unchanged from the fourth quarter reading (66%). It is 0.4 percentage points higher than the rate in the fourth quarter of 2021. The national rental vacancy rate dipped slightly to 5.8%, and the homeowner vacancy rate inched down to 0.8%. The homeowner vacancy rate is still hovering near the lowest rate in the survey’s 66-year history (0.9%). …The homeownership rates of adults in all age groups increased over the last year, except those householders aged 65 years and over experienced decrease. The homeownership rates among households aged 35-44 registered the largest gains among all age groups. …The housing stock-based HVS revealed that the count of total households increased to 129.3 million in the fourth quarter of 2022 from 127.6 million a year ago.

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