Synthesized summary of key facts
“A new study by the Federal Reserve finds that fewer Americans own homes than previously thought, with only about 53% of Americans owning homes.”
Fewer Americans own homes than previously thought, according to a new study by the Federal Reserve.
Only about 53% of Americans own homes, which is 12 percentage points lower than previous data has shown.
The study's findings may have significant implications for the US housing market and economy.
Only about 53% of Americans own homes, or about 12 percentage points lower than previous data has shown, the study found.
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Originally reported by CBS News
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