Homeownership Rate Roadblocked

…And That’s Not a Bad Thing
With distressingly low supply and unprecedented price surges, the homeownership rate is stalling: 64.2 percent in the first quarter of 2018, according to the government—no improvement quarter-over-quarter, and negligible progress year-over-year. Is the nonstarter worrying?
In the first three months of 2017, the homeownership rate was 63.6 percent; in the last three months, it was 64.2 percent, the U.S. Census Bureau’s Quarterly Housing Vacanci