NEW YORK (CNNMoney.com) -- The number of Americans who own homes fell in the second quarter of the year to the lowest level since 1999, said a government survey released Tuesday.
The Census Bureau said the home ownership rate fell to 66.9% in the second quarter of 2010, down half a percentage point from the previous year. The home ownership rate was 67.1% in the first quarter of the year.
In the second quarter rates were highest in the Midwest, where 70.8% of people are homeowners, and lowest in the West, where 61.4% of people own.
Rates in the South and West were lower than a year ago, while the Northeast and Midwest stayed the same.
Vacancies: The vacancy rate in non-rental units also fell in the second quarter, to 2.5%. Meanwhile, the vacancy rate in rental homes stayed steady at 10.6%.
Almost 86% of U.S. homes were occupied in the second quarter, with owner-occupied housing comprising 57.3% of all housing units. Renter-occupied homes were 28.3% of all units.
A separate report released Tuesday, the Case-Shiller index, showed home prices rose 1.3% in May compared with the previous month.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||3.97%||4.04%|
|15 yr fixed||3.16%||3.18%|
|30 yr refi||3.99%||4.08%|
|15 yr refi||3.24%||3.19%|
Today's featured rates:
Boeing unveiled its new, longer 737 Max 9 airliner earlier this month, the second member of the updated single-aisle jet family. The first aircraft will deliver to airlines starting in 2018. More
The Trump administration offered up two very different perspectives on trade between the U.S. and Mexico. Here are the facts. More
Google's self-driving car project alleges a former employee stole trade secrets. More
In 1998, Ntsiki Biyela won a scholarship to study wine making. Now she's about to launch her own brand. More
Here are 10 tough interview questions job candidates have been asked, according to Glassdoor. More