Renter, Homeowner Populations Growing at Same Pace - The MortgagePoint

Renter, Homeowner Populations Growing at Same Pace - The MortgagePoint

A new report from Redfin has found that the number of renter households in America increased 0.8% year-over-year to 45.4 million in Q4, marking the slowest growth since Q1 of 2023. The number of homeowner households rose 0.8% to 86.9 million—a growth rate that’s little changed from recent quarters. Q4 of 2024 marks the first time in more than a year that the number of renter and homeowner households are increasing at the same rate. Prior to this…