Black homeownership rate sees largest annual increase among racial groups but still trails White homeownership rate by almost 30 percentage points

The U.S. Black homeownership rate experienced the greatest year-over-year increase in 2023 among racial groups, yet it still falls significantly behind the White homeownership rate, according to the National Association of Realtors® 2025 Snapshot of Race and Home Buying in America. This real estate market intelligence report highlights who is entering the U.S. housing market and how demographics, affordability and financing-access shape homeownership trends among different racial and ethnic groups.