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Why US housing is on solid ground
Homeownership rates in the US have gradually been stabilising since 2008, in tandem with the recovery of the domestic housing market. Strong economic indicators suggest solid and sustainable growth for real estate investors, says Walton International Group.
The latest report from the US Census Bureau shows the homeownership rate for the third quarter of 2018 at 64.4%. Slightly up year-on-year (from 63.9% for the same period in 2017), this signals a steady incline since hitting a 62.9% low in the second quarter 2016.
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