The homeownership rate ticked up in the third quarter of the year. But the recent drop in home sales and mortgage demand, as well as the fact that the rise was driven by older households, suggests that it is too soon to declare a turning point.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services