The home-ownership rate for of households ages 30-34 was 45.7% in the first quarter of 2016, down from 45.9% the quarter before reports Demo Memo. The rate was almost unchanged from the 45.8% seen the same time the previous year. The national home-ownership rate for all age groups was 63.5%, down from 63.7% a year earlier. The lack of a visible trend in home ownership for the age group potentially signals and end to the long-term decline in the home-ownership rate for the demographic. The demographics blog says:
Beginning in 2007, the home-ownership rate of 30-to-34-year-olds went into a tailspin. In the second quarter of 2011, the rate fell below 50% for the first time. It's been stuck there ever since. The new age of first-time home buying is 35 to 39, but even this age group has been slipping toward the 50% threshold. In the first quarter of 2016 the home-ownership rate of 35-to-39-year-olds was 55.3%, slightly above the all-time low of 55.1% in the second quarter of 2015. The home-ownership rate of 35-to-39-year-olds peaked in the first quarter of 2007 at 65.7%.