(Pew Research Center) The American dream of homeownership has not been dampened by the COVID-19 pandemic and the economic downturn it has caused.
In the fourth quarter of 2020 there were an estimated 82.8 million owner-occupied households in the United States, according to recently released Census Bureau data. The number of homeowners increased by an estimated 2.1 million over the prior year. Based on fourth-quarter nonseasonally adjusted data, this matches the largest prior net increase in homeowners that occurred during the housing boom between 2003 and 2004 (2.1 million).