The Hispanic homeownership rate has experienced significant growth, reaching 49.5% in the last year. This marks a substantial increase, with a net gain of 377,000 owner-households, the largest single-year rise since 2005. This surge in homeownership among Hispanic demographics stands as the most significant increase compared to any other racial or ethnic group during the same period.

Key Points:
– Hispanic homeownership rate rose to 49.5% in 2023
– Net gain of 377,000 owner-households
– Largest single-year increase since 2005
– Largest homeownership rate upswing compared to other racial/ethnic groups

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