Graph and download economic data for Homeownership Rate in the United States (RHORUSQ156N) from Q1 1965 to Q2 2025 about homeownership, housing, rate, and USA.

Home Ownership Rate in the United States decreased to 65.10 percent in the first quarter of 2025 from 65.70 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - United States Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In the presented European countries, the homeownership rate extended from 42 percent in Switzerland to as much as 96 percent in Albania. Countries with more mature rental markets, such as France, Germany, the UK and Switzerland, tended to have a lower homeownership rate compared to the frontier countries, such as Lithuania or Slovakia. The share of house owners among the population of all 27 European countries has remained relatively stable over the past few years. Average cost of housing Countries with lower homeownership rates tend to have higher house prices. In 2023, the average transaction price for a house was notably higher in Western and Northern Europe than in Eastern and Southern Europe. In Austria - one of the most expensive European countries to buy a new dwelling in - the average price was three times higher than in Greece. Looking at house price growth, however, the most expensive markets recorded slower house price growth compared to the mid-priced markets. Housing supply With population numbers rising across Europe, the need for affordable housing continues. In 2023, European countries completed between one and six housing units per 1,000 citizens, with Ireland, Poland, and Denmark responsible heading the ranking. One of the major challenges for supplying the market with more affordable homes is the rising construction costs. In 2021 and 2022, housing construction costs escalated dramatically due to soaring inflation, which has had a significant effect on new supply.

The homeownership rate was the highest among Americans in their early 70s and the lowest among people in their early 20s in 2023. In that year, approximately ** percent of individuals aged 70 to 75 resided in a residence they owned, compared to approximately **** percent among individuals under the age of 25. On average, **** percent of Americans lived in an owner-occupied home. The homeownership rate was the highest in 2004 but has since declined.

Graph and download economic data for Consumer Unit Characteristics: Percent Homeowner by Age: Age 65 or over (CXUHOMEOWNLB0407M) from 1990 to 2023 about 65-years +, consumer unit, age, homeownership, percent, and USA.

Graph and download economic data for Homeownership Rate for the United States (USHOWN) from 1984 to 2024 about homeownership, housing, rate, and USA.

United States Housing Vacancy Rate: Homeowner: Central City Areas data was reported at 1.700 % in Sep 2018. This records an increase from the previous number of 1.600 % for Jun 2018. United States Housing Vacancy Rate: Homeowner: Central City Areas data is updated quarterly, averaging 1.900 % from Mar 1965 (Median) to Sep 2018, with 210 observations. The data reached an all-time high of 4.300 % in Mar 2008 and a record low of 0.900 % in Jun 1973. United States Housing Vacancy Rate: Homeowner: Central City Areas data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.EB008: Housing Vacancy and Home Ownership Rate.

Home Ownership Rate in Russia increased to 92.60 percent in 2023 from 92 percent in 2022. This dataset provides the latest reported value for - Russia Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Home Ownership Rate in Portugal decreased to 73.40 percent in 2024 from 76 percent in 2023. This dataset provides the latest reported value for - Portugal Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

France is one of the countries with lower homeownership rate in Europe. In 2022, approximately 63 percent of people lived in an owner-occupied home.

Between 2008 and 2022, the homeownership rate in Germany decreased slightly. In 2022, about 46.7 percent of the population lived in an owner-occupied dwelling. This makes Germany one of the countries with the lowest homeownership rate and the biggest rental residential real estate market in Europe.

Home Ownership Rate in Germany decreased to 47.20 percent in 2024 from 47.60 percent in 2023. This dataset provides the latest reported value for - Germany Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

2020 data points are the average of 2019 and 2021 data points and are included solely to maintain chart continuity. The U.S. Census Bureau did not release 2020 ACS 1-year estimates due to COVID-19. These figures should not be interpreted as an actual estimate for 2020. Some racial and ethnic categories are suppressed to avoid misleading estimates when the relative standard error exceeds 30%.

Data Source: American Community Survey (ACS) 1-Year Estimates

Why This Matters

Homeownership has historically been an important source of intergenerational wealth. For many, homeownership can provide financial and housing security.Rising home prices over the past two decades have outpaced wage growth, perpetuating significant racial disparities in homeownership rates and contributing to the displacement of Black residents and other people of color from the District.

A history of redlining and racist real estate practices, like racial covenants, barred Black and other people of color from homeownership.

The District's Response

Convening of the Black Homeownership Strikeforce to address past harms and increase equitable homeownership rates through targeted, evidence-based recommendations, and setting the goal of creating 20,000 new Black homeowners by 2030.

Programs to enable homeowning families and individuals to remain in their homes, including the Homestead Deduction and Senior Citizen or Disabled Property Owner Tax Relief and the Heir Property Assistance Program.

Inclusionary Zoning (IZ) Affordable Housing Program and financial assistance programs like the Home Purchase Assistance Program (HPAP), Employer Assisted Housing Program (EAHP), and Negotiated Employee Assistance Home Purchase Program (NEAHP) to support homeownership among District residents.

Home Ownership Rate in Denmark increased to 60.90 percent in 2024 from 60 percent in 2023. This dataset provides the latest reported value for - Denmark Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States Housing Vacancy Rate: Homeowner: South data was reported at 1.600 % in Jun 2018. This records a decrease from the previous number of 1.800 % for Mar 2018. United States Housing Vacancy Rate: Homeowner: South data is updated quarterly, averaging 1.800 % from Mar 1956 (Median) to Jun 2018, with 250 observations. The data reached an all-time high of 3.200 % in Jun 2008 and a record low of 0.800 % in Mar 1957. United States Housing Vacancy Rate: Homeowner: South data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EB008: Housing Vacancy and Home Ownership Rate.

United States Housing Vacancy Rate: Homeowner: Outside Central City Areas data was reported at 1.300 % in Jun 2018. This stayed constant from the previous number of 1.300 % for Mar 2018. United States Housing Vacancy Rate: Homeowner: Outside Central City Areas data is updated quarterly, averaging 1.400 % from Mar 1965 (Median) to Jun 2018, with 209 observations. The data reached an all-time high of 2.600 % in Mar 2009 and a record low of 0.700 % in Jun 1978. United States Housing Vacancy Rate: Homeowner: Outside Central City Areas data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EB008: Housing Vacancy and Home Ownership Rate.

Graph and download economic data for Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood A (RLMSHHORHOLCNA) from 1910 to 2010 about HOLC, redlining, homeownership, 10-year, rate, and USA.

Home Ownership Rate in Japan decreased to 61.20 percent in 2018 from 61.70 percent in 2013. This dataset provides the latest reported value for - Japan Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This statistic illustrates the home ownership rate among the total population of Sweden between 2008 and 2019. During that timeframe, the home ownership rate oscillated between approximately 65 to 67.3 percent of the total population.

The homeowner vacancy rate in the United States reached its lowest value in 2022, followed by an uptick in 2023. The rate shows what share of owner-occupied housing units were vacant and for sale. That figure peaked in 2008, when nearly three percent of homes were vacant, and gradually fell below one percent after the 2020 housing boom. Homeownership is a form of living arrangement where the owner of the inhabited property, whether apartment, house, or type of real estate, lives on the premises. Due to usually high costs associated with owning a property and perceived advantages or disadvantages associated with such a long-term investment, homeownership rates differ greatly around the world, based on both cultural and economic factors. In Europe, Romania is the country with the highest rate of homeownership, while the lowest homeownership rate was observed in Switzerland. Homeownership attitude in the U.S. Individuals may have very different opportunities or inclination to become homeowners based on nationality, age, financial status, social status, occupation, marital status, education or even ethnicity and whether one is local-born or foreign-born. In 2023, the homeownership rate among older Americans was higher than for younger Americans. In the U.S., homeownership is generally believed to be a good investment, in terms of security (no risk of eviction) and financial aspect (owning a valuable real estate property). In 2023, there were approximately 86 million owner-occupied housing units, a stark increase compared to four decades prior. Why is homeownership sentiment low? The housing market has been suffering chronic undersupply, leading to a surge in prices and eroding affordability. In 2023, the housing affordability index plummeted, reflecting the growing challenge that homeowners face when looking for property. Insufficient income, savings, and high home prices are some of the major obstacles that come in the way of a property purchase. Though affordability varied widely across different metros, just about 15 percent of U.S. renters could afford to buy the median priced home in their area.