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.
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This dataset provides values for HOME OWNERSHIP RATEOWNERSHIP RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
The homeownership rate in the United States amounted to nearly ** percent in the third quarter of 2024. While there are many factors that affect people’s decision to buy a house, the recent decrease can be attributed to the higher mortgage interest rates, which make taking out a mortgage less affordable for potential buyers, especially considering the surge in house prices in recent years. Which factors affect homeownership? Age and ethnicity have a strong correlation with homeownership. Baby boomers, for example, are twice as likely to own their home than Millennials. Also, the homeownership rate among white Americans is substantially higher than among any other ethnicity. How does the U.S. homeownership rate compare with other countries? Having a home is an integral part of the “American Dream”. Compared with selected European countries, the U.S. ranks alongside the United Kingdom, Cyprus, and Ireland. Many countries in Europe, however, exceed ** percent homeownership rate.
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This dataset provides values for HOME OWNERSHIP RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Graph and download economic data for Homeownership Rate in the United States (RSAHORUSQ156S) from Q1 1980 to Q1 2025 about housing, rate, and USA.
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.
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United States Homeownership Rate: Annual data was reported at 63.900 % in 2017. This records an increase from the previous number of 63.400 % for 2016. United States Homeownership Rate: Annual data is updated yearly, averaging 64.700 % from Dec 1965 (Median) to 2017, with 53 observations. The data reached an all-time high of 69.000 % in 2004 and a record low of 63.000 % in 1965. United States Homeownership Rate: Annual 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.
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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.
This statistic presents the home ownership rate among the population of all 28 European Union countries between 2010 and 2018. During that timeframe, the home ownership rate remained relatively stable, oscillating around approximately 69 percent of the total of the population.
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United States Home Ownership Rate: West data was reported at 60.200 % in Sep 2018. This records an increase from the previous number of 59.700 % for Jun 2018. United States Home Ownership Rate: West data is updated quarterly, averaging 59.900 % from Mar 1964 (Median) to Sep 2018, with 219 observations. The data reached an all-time high of 65.300 % in Sep 2006 and a record low of 57.200 % in Dec 1983. United States Home Ownership Rate: West 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.
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70% of White British households owned their own homes – the highest percentage out of all ethnic groups.
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.
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This dataset provides values for HOME OWNERSHIP RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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United States Home Ownership Rate: Northeast data was reported at 61.500 % in Sep 2018. This records an increase from the previous number of 61.300 % for Jun 2018. United States Home Ownership Rate: Northeast data is updated quarterly, averaging 61.500 % from Mar 1964 (Median) to Sep 2018, with 219 observations. The data reached an all-time high of 65.500 % in Sep 2006 and a record low of 57.000 % in Sep 1964. United States Home Ownership Rate: Northeast 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.
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United States Home Ownership Rate: South data was reported at 65.400 % in Sep 2018. This records a decrease from the previous number of 65.900 % for Jun 2018. United States Home Ownership Rate: South data is updated quarterly, averaging 66.600 % from Mar 1964 (Median) to Sep 2018, with 219 observations. The data reached an all-time high of 71.500 % in Dec 2004 and a record low of 63.700 % in Sep 1965. United States Home Ownership Rate: South 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.
As of 2023, homeownership rates amongst Saudi citizens in Saudi Arabia stood at ** percent. This was a ** percent increase over its base of ** percent. The original goal for 2020 was to have ** percent homeownership for Saudi citizens; however, that goal was revised when the country had exceeded their target by *** percent. Currently, the Vision 2023 goal for Saudi homeownership is set at ** percent.
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United States Homeownership Rate: 30 to 34 Years data was reported at 45.700 % in 2017. This records an increase from the previous number of 45.400 % for 2016. United States Homeownership Rate: 30 to 34 Years data is updated yearly, averaging 53.200 % from Dec 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 57.400 % in 2004 and a record low of 45.400 % in 2016. United States Homeownership Rate: 30 to 34 Years 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.
The mortgage prevalence among homeowners in Europe varied widely across different countries in 2023. About ** percent of the total population in Norway was a homeowner, with ** percent paying out a mortgage loan. Conversely, only *** percent of households in Romania had a mortgage, with nearly ** percent being homeowners. Meanwhile, an average of ** percent of the total population within the EU-27 was an owner-occupant with a mortgage or housing loan. Homeownership depends on multiple factors, such as housing policy, the macroeconomic situation, the state of the housing sector, and the availability of finance. Countries with more developed mortgage markets tend to have lower mortgage interest rates.
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Home Ownership Rate in European Union decreased to 68.40 percent in 2024 from 69.20 percent in 2023. This dataset provides the latest reported value for - European Union Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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United States Homeownership Rate: 75 Years and Over data was reported at 76.800 % in 2017. This records a decrease from the previous number of 77.000 % for 2016. United States Homeownership Rate: 75 Years and Over data is updated yearly, averaging 76.900 % from Dec 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 80.000 % in 2013 and a record low of 69.800 % in 1985. United States Homeownership Rate: 75 Years and Over 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.
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.