Why it matters
High housing costs and borrowing rates affect U.S. households seeking to buy homes and can limit access to homeownership. The article does not quantify how many households are affected.
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The homeownership rate reached 65.5% in the third quarter of 2026, a modest decline from the previous quarter, according to NAHB’s account of Census data. The report also describes housing affordability as severely constrained by elevated mortgage rates and limited supply.
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High housing costs and borrowing rates affect U.S. households seeking to buy homes and can limit access to homeownership. The article does not quantify how many households are affected.