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Homeownership Declines During the First Quarter
May 3, 2011

The Census Bureau reported that the US homeownership rate fell from 67.1% to 66.4% the first quarter in an annual comparison. This rate is lowest that has been seen in over a decade.

The midwest saw the highest rate, followed by the south, the Northeast and the west. According to reports, Americans 65 and over had the highest homeownership rate and those younger than 35 had the lowest.

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