MBA Chart of the Week Feb. 3, 2023: Multifamily Construction/Vacancies

At the end of this week, many of us will begin our annual migration to San Diego and to MBA’s Commercial/Multifamily Finance Convention & Expo (CREF23). There will be no lack of topics to discuss – from return to the office, to the return of retail, and interest in cap rates to interest rate caps.

U.S. Homeownership Rate at 2-Year High

The U.S. homeownership rate rose to 65.8 percent in the second quarter, matching its highest rate since 2020, the Census Bureau reported this week.

U.S. Homeownership Rate at 2-Year High

The U.S. homeownership rate rose to 65.8 percent in the second quarter, matching its highest rate since 2020, the Census Bureau reported this week.

Homeownership Rate Holds Steady; Vacancy Rates Hit 38-Year Low

The nation’s homeownership rate held relatively steady at 65.5 percent in the fourth quarter, the Census Bureau reported this week. But analysts said the rate could be somewhat higher, given the current shortage of homes available for sale.

3Q Homeownership Rate Falls by 0.5%

Despite a jump in home purchase activity this summer—but also perhaps because of the coronavirus pandemic—the U.S. homeownership rate slipped by 0.5 percent in the third quarter, the Census Bureau reported Thursday.

Homeownership Rate Ticks Up to 65.3%

Pre-coronavirus, the nation’s homeownership continued its recovery in the first quarter, rising by 1.1 percent from a year ago to 65.3 percent, the Census Bureau reported yesterday.