From 2016 to 2022, homeownership rates rose most for those under 44, according to recent analysis from the US Census
But the pandemic turned out to be an opportunity — not just for the Parsonses, who are 34 and 36 years old, respectively, but for lots of other young people. , and much of that came during the pandemic period.
Since data collection was interrupted by the pandemic in 2020, the Census Bureau said it cannot definitively determine how the homeownership rate changed for each year of the pandemic. But to track the metric’s movement, analysts looked at how the rate changed from its low in 2016 to the pre-pandemic rate in 2019, and the rate in 2022, when data collection returned to normal.
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