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U.S. homeownership fell 0.1% in the second quarter of 2025, the first decline since 2016.

Renter households rose 2.6%, with high home costs cited as a key factor.

Redfin expert Chen Zhao said changing marriage and family demographics could also be having an impact.

SALT LAKE CITY — The number of homeowner households in the United States dropped for the first time in nearly 10 years.

What's being called a "marginal decline" is a 0.1% year over year dip in homeownership to an estimated 86.2 million households nationwide in the second quarter of 2025, according to a new analysis posted Wednesday by Redfin, a Seattle-based online brokerage.

While the size of the dip is minimal, it's the first decrease recorded since 2016.

At the same time,

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