Despite being among the racial and ethnic minorities in the United States, the Hispanic and Latino population has been seeing economic progress in terms of homeownership. A report released by the National Association of Hispanic Real Estate Professionals (NAHREP) notes the growth in homeownership rates among Latinos, which has reached a milestone of 49.5% in 2023. The report also highlights the demographic's notable net gain of 377,000 households owned, signifying the largest single-year increase since 2005.
