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The U.S. homeownership rate remained steady between 1989 and 1991, at 64 percent. This means that nearly 2 in 3 householders owned, rather than rented, their homes. However, the rates varied by region, State, and metropolitan area. Using data from the Current Population Survey/Housing Vacancy Survey (CPS/HVS), this brief will examine how homeownership rates changed in these different geographic areas between 1989 and 1991, as well as how the rates looked among different demographic groups.
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