According to a November 2024 survey, the high cost of living is the leading reason preventing U.S. homeowners from pursuing homeownership. Other factors standing in the way of becoming a homeowner included having sufficient savings for a down payment (** percent) and enough income (** percent). In 2024, the homeownership rate in the U.S. was nearly ** percent.

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 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.

Estimated percent of households (occupied housing units) that are owner-occupied, between 2017-2021. Percentage calculations are suppressed in cases where the denominator of the calculation was less than 10 of the unit that is being described (e.g., households, people, householders, etc.).

Graph and download economic data for Other Financial Information: Estimated Market Value of Owned Home by Deciles of Income Before Taxes: Fourth 10 Percent (31st to 40th Percentile) (CXU800721LB1505M) from 2014 to 2023 about owned, market value, information, percentile, estimate, tax, financial, income, housing, and USA.

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

The homeownership rate was the highest among Americans in their early 70s and the lowest among people in their early 20s in 2024. In that year, approximately **** percent of individuals aged 70 to 74 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.

Home Ownership Rate in Canada decreased to 66.70 percent in 2023 from 69.30 percent in 2021. 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.

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 Kingdom decreased to 64.50 percent in 2023 from 64.70 percent in 2022. This dataset provides the latest reported value for - United Kingdom 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 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.

The homeownership among White people in the United States was **** 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.

Approximately 66% of households in Canada own their home, compared to approximately 34% of households that rent their dwelling. The highest provincial ownership rates were in Newfoundland and Labrador (78%) and the lowest in Quebec (58%). Nunavut at 24% has the lowest ownership rates in the country as more than the half of the dwellings are public housing. Home ownership is less in the larger metropolitan areas than in rural and smaller centres. Dwelling refers only to owner-occupied private dwellings, which do not include dwellings situated on farms, but can include owner-occupied dwellings situated on rented or leased land or part of a condominium. The map shows the percentage of households in each census subdivision that own their dwelling.

Home Ownership Rate in South Korea increased to 56.40 percent in 2023 from 56.20 percent in 2022. This dataset provides the latest reported value for - South Korea 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 Rate for Florida (FLHOWN) from 1984 to 2024 about homeownership, FL, housing, rate, and USA.

Home Ownership Rate in Switzerland increased to 42.60 percent in 2023 from 42.30 percent in 2022. This dataset provides the latest reported value for - Switzerland 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 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.

Home Ownership Rate in Turkey decreased to 55.80 percent in 2024 from 56.20 percent in 2023. This dataset provides the latest reported value for - Turkey 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 Austria increased to 54.50 percent in 2024 from 54.30 percent in 2023. This dataset provides the latest reported value for - Austria 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 Bulgaria decreased to 86 percent in 2024 from 86.10 percent in 2023. This dataset provides the latest reported value for - Bulgaria Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.