In the presented European countries, the homeownership rate extended from 42.6 percent in Switzerland to as much as 95.9 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 20 euro area countries stood at 64.5 percent in 2024. Average cost of housing Countries with lower homeownership rates tend to have higher house prices. In 2024, 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 2024, European countries completed between one and six housing units per 1,000 citizens, with Ireland, Poland, and Denmark responsible for 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.

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.

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.

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.

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.

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.

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.

In 2023, the home ownership rate in Japan stood at **** percent, remaining mostly flat in the past 15 years. That year, the total number of houses owned in the country amounted to approximately **** million. Which type of dwelling is common in Japan? Among all residential buildings in Japan, detached houses exceeded all other building types in numbers. The majority of ordinary Japanese households live in detached houses. Japanese architecture is well known for its traditional wood constructions, and the use of timber for housing construction is still widely spread. Wood is still the major type of structure used for new residential buildings in Japan, followed by materials like steel. The problem of abandoned houses Due to a shrinking and aging population, and rural depopulation, Japan faces an increasing share of vacant dwellings, often referred to as “Akiya”. A large proportion of unoccupied houses in Japan are available for sale or rent. Some local governments and municipalities have reacted to the problem of abandoned houses by offering properties at reduced prices or even for free on certain conditions.

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.

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.

The mortgage prevalence among homeowners in the 30 European countries in the ranking varied widely in 2024. 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.

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.

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.

The total number of dwellings per one thousand citizens in European countries in 2024 was the highest in Bulgaria and the lowest in Greece. There were approximately *** dwellings for every one thousand citizens in Bulgaria and in Greece, this figure amounted to ***. France had the largest total housing stock of *****million dwellings in the same year, of which there were *** per one thousand citizens. How prevalent is homeownership across European nations? Homeownership rates in Europe vary widely due to cultural, economic, and policy factors. Usually, countries in Southern and Eastern Europe tend to have higher rates of homeownership compared to those in Northern and Western Europe. For instance, in 2022, the homeownership rates in countries like Serbia, Romania, and Slovakia were quite high, topping ** percent. On the contrary, nations such as Germany, Switzerland, and Austria exhibited lower rates, below ** percent. New dwelling transaction prices across Europe The transaction price of a new dwelling includes the cost of the property itself, along with any additional expenses like taxes, fees, or other associated costs pertaining to the acquisition. In 2023, the average transaction price for a new dwelling in Europe was the highest in Austria, Germany, and France. Romania, Greece and Bosnia and Herzegovina had the lowest average transaction prices compared to other European countries.

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.

In the first quarter of 2025, Portugal, Croatia, and the Netherlands had the highest house price to rent ratio index in Europe. The three countries ranked the highest, with house price to rent indices exceeding *** index points. The house price to rent ratio is an indicator of the affordability of owning housing over renting across European countries, with 2015 used as a base year. The higher the ratio, the more the gap between house prices and rental rates has widened since 2015 when the index amounted to 100. In terms of house price to income ratio, the top three countries were Portugal, the Netherlands, and Switzerland. Homeownership in Europe Homeownership varies widely across European countries. In some, such as Austria, Germany, and Switzerland, homeownership is relatively low, with less than ********** of people occupying a dwelling owned by a member of the household. In other countries (Iceland, the Netherlands, Norway, and Sweden), more than **** of people were owner-occupiers with a mortgage. A third group of countries with a high homeownership rate without a housing loan includes many Eastern and South European countries, among which were Serbia, Romania, North Macedonia, Italy, and Bulgaria. Dwellings as a non-financial asset Dwellings, along with structures, land, and intellectual property, are classified as non-financial assets and form an important part of household wealth. Through sale, refinancing, or renting, they can serve as an additional source of income. In 2022, France, Germany, and Norway were the European countries with the highest value of dwellings per capita as a non-financial asset with values between ****** and ****** euros per capita.

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.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

United States Homeownership Rate: 40 to 44 Years data was reported at 61.800 % in 2017. This records a decrease from the previous number of 62.000 % for 2016. United States Homeownership Rate: 40 to 44 Years data is updated yearly, averaging 69.850 % from Dec 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 73.000 % in 1982 and a record low of 61.600 % in 2015. United States Homeownership Rate: 40 to 44 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.