Homeownership Slips, Rentership Surges — What This Means for Connecticut
- Neil Caron
- 7 days ago
- 2 min read
September 11, 2025 | Housing Market Trends | Presented by ReadySetLoan™️
For the first time since 2016, the U.S. homeowner population has dipped—falling 0.1%—even as renter households jumped 2.6%. While the overall homeownership rate remains near 65%, the shift highlights rising affordability pressures and changing housing dynamics.
What’s Behind the Shift
Homeownership plateaus: Homeowner numbers are declining slightly, signaling a slowdown in ownership growth.
Rentals on the rise: Tenant households are surging, the strongest increase in years as affordability, delayed life stages, and elevated borrowing costs persist.
Confidence testing: Housing costs remain high even as mortgage rates ease, leading more people to rent until conditions improve.
What This Means for Connecticut
Your Role | What to Keep in Mind |
Buyers | Demand is cooling—but inventory remains tight. Get your finances in order now so you can act quickly when the right home appears. |
Sellers | Fewer buyers entering the market means pricing and presentation matter more than ever. Be clear, competitive, and prepared. |
Neil’s Take 🎤
"This isn't just numbers—it’s a narrative shift. Connecticut’s ownership pace is softening while rents climb—and that reflects deep-seated affordability challenges. For buyers, clarity and timing matter. For sellers, visibility and value are key. And for everyone, being prepared is power."— Neil Caron, Area Sales Manager, CMG Mortgage
RSL Piggy Points
Homeownership dropped 0.1%—the first decline in nearly a decade.
Rentership rose 2.6%, marking one of the largest increases nationwide.
Ownership rates remain around 65%, while rentership climbs toward 35%.
Connecticut market success hinges on preparation—both buyers and sellers need strategy now.
RSL Perspective
At ReadySetLoan™️, we believe the housing landscape isn’t regressing—it’s recalibrating. Whether your goal is to buy, sell, or refinance in this shifting environment, clarity and action are the keys to staying ahead.
Final Lap
With homeownership slipping and renting gaining ground, awareness is your asset. In Connecticut’s evolving market, success belongs to the prepared. ReadySetLoan™️ is here to guide your confident, informed move.
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