Number of owner-occupied households grew by second-most since 2005 The increase signals that some older millennials are spreading out as they start families, and young Generation-Xers are coming back to homeownership after losing properties in the last decade's real estate crash. (Graph: Bloomberg)

The U.S. homeownership rate rose to the highest level since 2014, led by a growing share of buyers in their mid-30s and early 40s.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Personal Lines
Sales & Marketing
Personal Lines