U.S. Black homeownership continues to lag in 50 largest U.S. cities: report

NEW YORK, April 27 (Xinhua) -- The persistent gap between the percentage of homeowners who are White and those who are Black continues even though homeownership rates in general climbed to 65.5 percent in 2020, a 1.3-point rise from a year earlier, The Washington Post on Tuesday cited the National Association of Realtors.

While Black homeownership rates increased to 43.3 percent, they still lagged behind those of White Americans (72.1 percent), Asian Americans (61.7 percent) and Hispanic Americans (51.1 percent), according to the association.