The Summerwood.

The minority homeownership rate rose to 48.6% year over year in the fourth quarter of 2019, up 0.8 percentage points from the fourth quarter of 2018, according to new data from the Census Bureau’s Housing Vacancies and Homeownership survey. This year over year gain is higher than the gain in the overall U.S. homeownership rate (up 0.3 percentage points to 65.1%) and marks the highest minority homeownership rate since the third quarter of 2011 (48.9%).

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