homeownership

American  

[hohm-ohn-er-ship] / ˈhoʊmˌoʊn ərˌʃɪp /

noun

1. the state or fact of owning a house, especially the house one lives in.

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Example Sentences

Millions of low-income seniors are struggling with the high cost of homeownership and insurance, like you, and the seemingly never-ending burden of rising rents.

From MarketWatch • Mar. 28, 2026

For one, paying off your credit card is actually a step toward homeownership, even if it doesn’t feel like one.

From MarketWatch • Mar. 25, 2026

Skipton Group chief executive Stuart Haire said the results showed "the aspiration of homeownership has been pushed further out of reach for many younger adults, delaying independence and stability".

From BBC • Mar. 18, 2026

Elevated mortgage rates and home prices have pushed many would-be buyers and sellers to the sidelines, while other costs of homeownership such as insurance have also risen sharply.

From The Wall Street Journal • Mar. 13, 2026

But I still could feel the power and rectitude that propelled her out of the projects and into homeownership.

From "Between the World and Me" by Ta-Nehisi Coates