Tag Archive for ‘minority homeownership’

Minority Homeownership Rate Jumps in First Quarter

Data released by the Census Bureau’s Housing Vacancies and Homeownership survey (CPS/HVS) show that the minority homeownership rate increased to 49.3 percent in the first quarter of 2020, up 2.2 percentage points from the first quarter of 2019 (Figure 1). This is the highest it has been since the first quarter of 2010 (49.5 percent). The year-over-year gain in the… Read More ›

Minority Homeownership Rate Posts a Year-End Gain

The minority homeownership rate increased to 48.6 percent in the fourth quarter of 2019, up 0.8 percentage points from the fourth quarter of 2018, according to a new data release from the Census Bureau’s Housing Vacancies and Homeownership survey (CPS/HVS) (Figure 1). This is the highest it has been since the third quarter of 2011 (48.9 percent). This year-over-year gain… Read More ›

Minority Homeownership Rate Increases in Third Quarter

According to a new data release from the Census’ Housing Vacancies and Homeownership Survey (CPS/HVS), the minority homeownership rate posted an increase in the third quarter of 2019 to 48.3 percent, up 0.9 percentage points from the third quarter of 2018 (Figure 1). This year-over-year gain is higher than the gain in the overall U.S. homeownership rate, which rose 0.4… Read More ›

Minority Homeownership Rate Continues to Decline

The minority homeownership rate declined again in the second quarter of 2019, edging down to 46.9 percent from 47.4 percent in the second quarter of 2018. This is its lowest level since the third quarter of 2017. The most recent release of the US Census’ Housing Vacancies and Homeownership Survey (CPS/HVS) also shows that the overall U.S. homeownership rate declined… Read More ›

Homeownership Rates by Race and Ethnicity

The Census Bureau recently published data on homeownership rates from its Housing Vacancies and Homeownership Survey (CPS/HVS). A previous NAHB blog shows that the overall homeownership rate increased to 64.8% in the fourth quarter of 2018, up 0.6 percentage points from the fourth quarter of 2017 (64.2%) (Figure 1).  Figure 1 also shows that the overall homeownership rate bottomed out… Read More ›

Homeownership Rates by Minority Groups

The homeownership rate for “all minorities” increased to 47.4 percent in the second quarter of 2018, up 0.6 percent from the same time last year (46.8 percent). This increase helped boost the overall homeownership rate to 64.3 percent, also up 0.6 percent from the second quarter of 2017 (Figure 1). A recent NAHB blog covers the overall homeownership rate in… Read More ›