Today in Data: Home Ownership on The Rise

By  |  May 1, 2017
 | 

It may be safe to say that the home ownership market is turning a significant corner. While sales have been sluggish for quite some time, new data has indicated an uptick in consumers’ confidence in purchasing new homes.

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    The U.S. Census Bureau‘s data reveals that Q1 home sales have grown immensely in the past year.

    Here are the numbers:

    854,000 | Number of homes purchased in Q1 2017

    365,000 | Number of homes purchased in Q1 2016

    69 percent | Home ownership peek in 2004

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    62.9 percent | Home ownership all time low in Q2 2016

    63.6 percent | Home ownership in Q1 2017


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