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

Home Ownership Rate in the United States increased to 65.70 percent in the fourth quarter of 2024 from 65.60 percent in the third 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.

The homeownership rate in the United States declined slightly in 2023 and remained stable in 2024. The U.S. homeownership rate was the highest in 2004 before the 2007-2009 recession hit and decimated the housing market. In 2024, the proportion of households occupied by owners stood at **** percent in 2024, *** percentage points below 2004 levels. Homeownership since the recession The rate of homeownership in the U.S. fell in the lead up to the recession and continued to do so until 2016. Despite this trend, the share of Americans who perceived homeownership as part of their personal American dream remained relatively stable. This suggests that the financial hardship caused by the recession led to the fall in homeownership, rather than a change in opinion about the importance of homeownership itself. What the future holds for homeownership Homeownership trends vary from generation to generation. Homeownership among Americans over 65 years old is declining, whereas most Millennial renters plan to buy a home in the near future. This suggests that homeownership will remain important in the future, as Millennials are forecast to head most households over the next two decades.

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

In 2023, the rate of homeownership among White people living in the United States was 74.3 percent. Comparatively, 45.7 percent of Black people owned a home in the same year.

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 Homeownership Rates by Race and Ethnicity: Non-Hispanic White Alone in the United States (NHWAHORUSQ156N) from Q1 1994 to Q1 2025 about homeownership, white, non-hispanic, rate, and USA.

Home Ownership Rate in Sweden decreased to 64.80 percent in 2024 from 64.90 percent in 2023. This dataset provides the latest reported value for - Sweden Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Homeownership Rates by Race and Ethnicity: Black Alone in the United States (BOAAAHORUSQ156N) from Q1 1994 to Q1 2025 about homeownership, African-American, rate, and USA.

Homeownership Rate: 45 to 49 Years data was reported at 67.500 % in 2017. This records an increase from the previous number of 66.700 % for 2016. Homeownership Rate: 45 to 49 Years data is updated yearly, averaging 74.100 % from Dec 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 76.300 % in 2004 and a record low of 66.700 % in 2016. Homeownership Rate: 45 to 49 Years 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.

The homeownership among White people in the United States was 74.3 percent, the highest out of all ethnicities, in 2023. American Dream Part of the “American Dream” is the idea of owning a home. It is seen as a status symbol and an indicator of wealth. People take a lot of pride in owning a home, and hope to do so at the earliest age possible. It is the idea of having a white picket fence with a nuclear family, a dog, and a car or two which is seen as the stereotypical “end goal”. However, in the aftermath of the 2008 recession, the rate of homeownership in the United States fell steadily until 2016. The recession hindered people’s chances of owning a home, due to less credit being available and their own fears about being stuck with a home in negative equity if another recession were to occur. As a result, the homeownership rate in the United States has barely increased in the past few years. Factors affecting homeownership Homeownership varies based on different factors. Married-couple families have the highest homeownership rates among different family statuses. Unsurprisingly, households with high incomes have the highest homeownership rates.

Graph and download economic data for Homeownership Rate for Oregon (ORHOWN) from 1984 to 2024 about OR, homeownership, housing, rate, and USA.

Graph and download economic data for Homeownership Rate for New Jersey (NJHOWN) from 1984 to 2024 about homeownership, NJ, housing, rate, and USA.

Home Ownership Rate in Canada increased to 69.30 percent in 2021 from 66.80 percent in 2019. This dataset provides the latest reported value for - Canada 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 Israel increased to 68 percent in 2024 from 62.70 percent in 2021. This dataset provides - Israel Home Ownership Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Home ownership persists as the primary way that families build wealth. Housing researchers and advocates often discuss the racial home ownership gap, particularly for Black and Hispanic households (Urban Institute, Pew Hispanic Center). Historical policies such as redlining, steering, and municipal underbounding have effects that stay with us today.This map shows the overall home ownership rate and the home ownership rate by race/ethnicity of householder in a chart in the pop-up. Map is multi-scale showing data for state, county, and tract.This map uses these hosted feature layers containing the most recent American Community Survey data. These layers are part of the ArcGIS Living Atlas, and are updated every year when the American Community Survey releases new estimates, so values in the map always reflect the newest data available.

Housing Vacancies & Homeownership: No of Estimated Households data was reported at 121,940.000 Unit th in Sep 2018. This records an increase from the previous number of 121,307.000 Unit th for Aug 2018. Housing Vacancies & Homeownership: No of Estimated Households data is updated monthly, averaging 90,091.500 Unit th from Apr 1955 (Median) to Sep 2018, with 756 observations. The data reached an all-time high of 121,940.000 Unit th in Sep 2018 and a record low of 47,788.000 Unit th in Apr 1955. Housing Vacancies & Homeownership: No of Estimated Households 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.

70% of White British households owned their own homes – the highest percentage out of all ethnic groups.

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.