COVID-19 effect on homeownership plans U.S. 2020, by ethnicity

Published by Statista Research Department, Aug 10, 2023
In a September 2020 survey among adults in the United States, over half of respondents said that their interest in buying a home had not changed due to the COVID-19 pandemic (56 percent). However, Hispanic respondents were more likely to have changed their plans (33 percent) compared to white respondents (16 percent).

In the United States, the 2020 homeownership rate reached 65.8 percent.

Effect of COVID-19 on homeownership plans of of white, Hispanic, and black adults in the United States in 2020

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Release date

September 2020

Region

United States

Survey time period

September 2020

Number of respondents

4,400 respondents

Age group

Adults

Method of interview

Online survey

Supplementary notes

Data were weighted to approximate a target sample of adults based on age, race/ethnicity, gender, educational attainment, and region. Results from the full survey have a margin of error of plus or minus 1 percentage points.

The original survey question was formulated as: "Has the COVID-19 pandemic (coronavirus) influenced your interest in buying a home in the future?"

This survey question had 1,863 respondents, of which 1,279 white, 397 Hispanic, 397 black and 218 of another ethnicity.

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