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The Black homeownership rate fell to 43.9% in the second quarter, while the Hispanic homeownership rate ticked up slightly. The drop in the Black homeownership rate may be tied to the rising Black unemployment rate, which sits at 7.2%—the highest level since 2021. The Black homeownership rate fell to 43.9% in the second quarter—the lowest […]
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Black Homeownership Rate Drops to Lowest Level Since 2021
Lily Katz
07:21
The Black homeownership rate fell to 43.9% in the second quarter, while the Hispanic homeownership rate ticked up slightly. The drop in the Black homeownership rate may be tied to the rising Black unemployment rate, which sits at 7.2%—the highest level since 2021. The Black homeownership rate fell to 43.9% in the second quarter—the lowest
