Number of owner-occupied households grew by second-most since 2005 The increase signals that some older millennials are spreading out as they start families, and young Generation-Xers are coming back to homeownership after losing properties in the last decade’s real estate crash. (Graph: Bloomberg)

The U.S. homeownership rate rose to the highest level since 2014, led by a growing share of buyers in their mid-30s and early 40s.

The rate for Americans age 35 to 44 rose to 61.1% in the fourth quarter from 58.9% a year earlier, according to Census Bureau data released Thursday. For buyers under age 35, the share was 36.5%, up from 36%.

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