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10 years later: How the housing market has changed since the crash

Source: Michele Lerner, Washington Post (Paid Registration)

Flashback to fall 2008 and you’ll remember the free fall the U.S. economy experienced. At the heart of it was the collapse of the housing market.

Homeownership rates peaked at 69.2 percent in 2004 and dipped to 62.9 percent in the second quarter of 2016, according to the Census Bureau. Rates have slowly climbed over the past two years to 64.3 percent in the second quarter of 2018.

 

Read Full Article: 10 years later: How the housing market has changed since the crash

 
 
 

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