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Millennials leaving the basement to buy homes

Expect to see homeownership rates move back higher as this group ages and more of its members form households

US Census Bureau data show that homeownership rates are highest for those householders aged 65 years and over (79.2 per cent) and lowest for the under-35 age group (36 per cent).

THERE are two themes I find endlessly fascinating about real estate. One is its enormous role in the financial crisis. The other is the steep decline in homeownership after the crisis.

Let's take a closer look at some of the data, to see if there are any insights to be gleaned....

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