Rental Resurgence Marked by Single-Family Expansion and Diverging Affordability Trends for Owners and Renters

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Housing Insights

Rental Resurgence Marked by Single-Family Expansion and Diverging Affordability Trends for Owners and Renters

The housing bust and Great Recession have changed the supply and demand landscape of the housing market. This issue of Housing Insights documents key housing market changes using recently released data from the Census Bureau's American Community Survey. The analysis finds that homeownership rates continue to decline, particularly among young households; that single-family housing is absorbing a disproportionate share of new rental demand; and that housing affordability problems are mounting among young renters, while easing for young homeowners.

Housing Insights: Rental Resurgence Marked by Single-Family Expansion and Diverging Affordability Trends for Owners and Renters (PDF)

 

Previous Housing Insights

Housing Insights formerly called Data Notes

Stuck in the Great Recession's Income Slump: Sluggish Job Earnings Impede an Economic Expansion

Fannie Mae Data Note: Sept 2012

Housing the Nation’s Burgeoning Older Elderly Population

Fannie Mae Data Note: June 2012

Housing Cost Burdens

Fannie Mae Data Note: May 2012

Single-Family Rental Housing – The Fastest Growing Component of the Rental Market

Fannie Mae Data Note: Mar 2012

Inaugural Fannie Mae Data Note Examines Falling Homeownership Rates

Fannie Mae Data Note: Oct 2011