U.S. home ownership rate hits highest level since 2008

U.S. home ownership rate hits highest level since 2008

U.S. consumers have purchased homes at record levels as low mortgage rates encourage demand. U.S. home ownership rose to 67.9 percent in the second quarter, the highest level in more than 10 years, according to the Commerce Department. Eric Lipar, LGI Homes CEO and chairman, join "Closing Bell" to discuss.

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U.S. home ownership rate hits highest level since 2008

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