- Terry BallantyneMillenial UpdateAugust 17, 2018Millennial demand for housing will keep climbing. After a decade of decline the homeownership rate finally ticked up in 2017. By the third quarter, 63.9% of households were occupied by owners--up from a low of 62.9% in the second quarter of 2016. McLaughlin says 2017 will be remembered as “the year the bleeding stopped and the healing started.” As Millennials age this trend is expected to continue. The generation of adults born after 1980 were slow to enter the housing market, but as a growing share of...
- Terry Ballantyne
- Terry Ballantyne