8 Statistics That Show How The Recession Affected Home Ownership

The U.S. Census Bureau on Thursday released data on home value and ownership data during and after the recession.

Every state has at least 50% of its housing units owned with a mortgage.

Every state has at least 50% of its housing units owned with a mortgage.

The two states with the lowest percentage of housing unites owned with a mortgage are California with 55.9% and New York with 54.9%. The state with the highest percentage is West Virginia with 72.9%.

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The median home value is higher than ever.

The median home value is higher than ever.

It grew steadily from 1940 to 1970, but then took off.

census.gov

But it took a hit when the market crashed.

But it took a hit when the market crashed.

census.gov

Home values vary greatly.

Home values vary greatly.

census.gov


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