The homeownership rate is up for the first time in 14 years, meaning Millennials actually are buying homes—despite all the myths.

The homeownership rate is up for the first time in 14 years, meaning Millennials actually are buying homes—despite all the myths. The overall homeownership rate rose from 63.7% to 64.2% year over year, and households headed by someone under-35-years-old saw the highest uptick, rising from 34.7% to 36%. And if the figures aren’t convincing enough, just take it from Trulia’s chief economist: “This is happening because young households are buying homes. Full stop.” (WSJ)