【NAR】Racial Minority Groups Increased Their Homeownership Rates While Still Facing Significant Homebuying Challenges

• U.S. homeownership significantly increased over the last decade, adding 10.5 million more homeowners.
• The Hispanic American homeownership rate rose to a record high of 51.1% in 2022. In the past decade, Asian Americans experienced the sharpest increase in homeownership rate, reaching 63.3% – a gain of 6.1 percentage points, or an addition of 1.5 million homeowners since 2012 – also a record high.

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