State of Hispanic Homeownership Report

The State of Hispanic Homeownership Report® is a publication of the National Association of Hispanic Real Estate Professionals®. The report is an industry benchmark that coalesces a broad cross-section of data and research from within and outside of the housing industry. The report provides an analysis of how the U.S. Hispanic population is faring with respect to attainment of homeownership in America. Additionally, it highlights Hispanic consumer nuances, purchase power, and trends, and provides insight into major factors that contributed to the story of Hispanic homeownership in the U.S. over the past year.

2024 State of Hispanic Homeownership Report

The path to homeownership growth for the Hispanic community is marked by consistent progress and ongoing challenges. In 2024, Hispanic homeownership reached a record 9.8 million households, with 238,000 new Hispanic owner-households added last year alone, the largest increase of any racial or ethnic demographic for the second consecutive year. Despite this growth, the Hispanic homeownership rate declined for the first time in ten years, as rising home prices and persistently high interest rates kept many potential buyers on the sidelines. With a median age of 31, Latinos are poised to drive homebuyer demand for decades. However, affordability-related challenges threaten future growth. To ensure continued homeownership opportunities for all Americans, policymakers and the housing industry must prioritize increasing housing supply, expanding access to credit, and addressing the construction industry's rising costs of materials and labor shortages.

Download a copy of the 2024 State of Hispanic Homeownership Report now!