A report from the National Association of Realtors released Tuesday found that the home ownership rate for minorities is significantly lower in the United States than it is for non-Hispanic white residents.
The Snapshot of Race & Home Buying in America report found:
- Homeownership among non-Hispanic White Americans was more than 71 percent from 2016 to 2019.
- It was 41 percent for African Americans.
- It was 45 percent for Hispanic Americans.
- For Asian Americans, the rate was more than 53 percent.
Over the last 10 years, homeownership among African Americans increased in just three states: Delaware (by 0.1 percent), South Dakota (17.8 percent) and Vermont (2.2 percent).
Click here to see the full report.