Homeownership is back in

Source: Andrew Van Dam, Washington Post (Paid Registration)

A funny thing happened on the way to the United States becoming a nation of renters: people started buying homes again.

New data indicate that in 2016, in defiance of myriad prognostications, the decade-long decline in the homeownership rate abruptly reversed. Once-rapid growth in renter households stalled, and the long-stagnant number of owner-led households began rising.

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