U.S. Homeownership Rises to a Record 68.4%
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From Bloomberg News
U.S. homeownership rose to a record in the third quarter as more Americans were able to buy homes because of a 45-year low in mortgage rates, the Department of Commerce said.
The share of households that own their home increased to 68.4%, accounting for 72.2 million homes. The proportion had been 68% in the first and second quarters. The record had been 68.3% in the fourth quarter of 2002.
From Bloomberg News
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