Homeownership rate drops to 15-year low April 30, 2012TopnewsExpert WASHINGTON (Reuters) – The share of privately-owned U.S. homes fell to a 15-year low in the first quarter as falling house prices and stringent lending conditions push younger Americans, in particular, into renting. Related PostsJobless claims fall sharply last weekHome mortgage applications fall to 15-year lowAugust existing home sales up but outlook still grimU.S. rental vacancy rate falls to lowest in decadeHousing market braced for brutal 2009 as prices and lending plunge Share this:Like this:Like Loading...