Is the Sudden Increase in Black Homeownership Too Good to Be True?

Urban Institute, Feb. 4, 2020–Sarah Strochak, Laurie Goodman, Sheryl Pardo
The black homeownership rate increased from 40.6 percent in Q2 to 42.7 percent in Q3 to 44.0 percent in Q4. This is the highest recorded level since 2012 and represents an 8 percent increase (or 3.4 percentage points) over six months. But determining the U.S. homeownership rate is complicated, and understanding increases and decreases in black homeownership requires looking at the full picture of the data.