Homeownership Rate, over time
Homeownership RateDemocratic administrationRepublican administration
What was happening
1Subprime mortgage crisis spreadsAug 2007
Losses on subprime mortgages begin to freeze credit markets as the housing downturn deepens. Source: Federal Reserve History ↗
2Great RecessionDec 2007–Jun 2009
An 18-month recession by NBER dates, the longest since World War II, following the collapse of the housing market and a financial crisis. Source: National Bureau of Economic Research ↗
3Federal government shutdownOct 1–Nov 12, 2025
The longest shutdown on record (43 days). Several October 2025 surveys were never collected, so some series have a gap. Source: U.S. Bureau of Labor Statistics ↗
U.S. Census Bureau · Housing Vacancies and Homeownership (CPS/HVS), Table 14 · Quarterly · Original source