US Home Ownership Rate Rises To 64.4% As Home Price Growth Slows

The US home ownership rate increased to 64.4% in Q3 2018 after hitting the post-recession bottom in Q2 2016.

https://confoundedinterestnet.files.wordpress.com/2018/10/homeown.png?w=625

According to the Case-Shiller home price index, home prices are still growing at over 2x hourly earnings growth. And the growth rate is slowing.

https://confoundedinterestnet.files.wordpress.com/2018/10/csearnsss.png?w=625

And like the Cleveland Browns, Washington DC continues to lose in the home price derby, but at least DC is now tied with The Big Apple and Chicago for least place.

https://confoundedinterestnet.files.wordpress.com/2018/10/csurban.png?w=998&h=700

Source: Confounded Interest

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