but what does it mean for actual home ownership to discuss that further we're joined now by dr clifford rossi professor of finance at the smith school of business at the university of maryland dr ossie what's your biggest takeaway from this report how significant is it.

but what does it mean for actual home ownership to discuss that further we're joined now by dr clifford rossi professor of finance at the smith school of business at the university of maryland dr ossie what's your biggest takeaway from this report how significant is it well i think it's actually significant given given that this is some of the best numbers we seen coming from the any peace index for some time and the idea that their optimism is picking up steam is consistent with that was the view that we need to get more construction activity going on into the home building market here in order for it to see some proven in terms of the state for borrowers basically well the current homeownership rate in the u.s. it's at sixty three point nine percent which is obviously below the two thousand and five peak of sixty nine point two percent so is this report reason to believe that we could actually see that rate jump up a little bit. i think it's possible that we could see that i think in addition the with millennialists of have been holding back their their home buying activity ever since the f