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homeownership rate |
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homeownership rate  The ratio of owner-occupied units to total residential units in a specified area. Example: For an area with 20,000 units, 17,000 of them are owner-occupied and 3,000 are occupied with renters. This means that the ratio of owner-occupied units is 85 percent and the ratio of rentals is 15 percent. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Matz pointed out in a press release that while homeownership rate was a record 70%, the homeownership rate for low-to-moderate income families had fallen to a lower level than in 1978 at 56%. A national homeownership rate above 60 percent--a figure that made the 5 percent, the fourth quarter's homeownership rate was lower than the fourth-quarter 2007 rate of 67. |
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