Homeownership rates for all age groups were lower in 2017 than in 2006, the year before the Great Recession (2007-2009).

The homeownership rate among the largest group of homeowners — those age 65 and over — has returned to within about 2 percentage points of 2006 levels. However, householders under age 35 and 35-44 years old had 2017 rates about 7 and 10 percentage points lower than in 2006.

The figure below shows that despite the economic rebound since the Great Recession, annual homeownership rates in all age groups were lower in 2017 than in 2006.