New Study from NAR Underscores the Commitment to Racial Equity

A new report from the National Association of REALTORS®, “Snapshot of Race & Home Buying in America,” lays emphasis on the continued need for work for racial equality in real estate. The report examines the changes in the homeownership rate by race from 2009 to 2019, showing that minority homeownership continues to lag behind the national average rate.

NAR officials are calling for housing policy initiatives to help close the gap, which stems from policies that shut generations of minority groups out of wealth gains that can be achieved through long-term ownership.