U.S. home ownership rate hits highest level since 2008

News

U.S. consumers have purchased homes at record levels as low mortgage rates encourage demand. U.S. home ownership rose to 67.9 percent in the second quarter, the highest level in more than 10 years, according to the Commerce Department. Eric Lipar, LGI Homes CEO and chairman, join “Closing Bell” to discuss.

05:06

2 minutes ago

Products You May Like

Articles You May Like

Lori Loughlin lists LA mansion for $16.5 million — a million less than a year ago
Home price growth has slowed. But high costs, economic worries have some buyers retreating
Wealthy New Yorkers flock to Palm Beach, causing house prices to skyrocket: ‘Supercharged migration’
U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low
Selena Gomez and Benny Blanco purchase ‘The Hangover’ director’s former Beverly Hills estate for $35M

Leave a Reply

Your email address will not be published. Required fields are marked *