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Harvard Report, State of the Nation’s Housing 2025: Black Homeownership Gains Have Halted Since 2023 Only 1 in 7 Renters Can Afford to Buy a Home

July 5, 2025

By Charlene Crowell For the first time in 30 years, rising home prices and interest rates have translated into a drop in existing home sales and worsening affordability challenges for middle class families. Among the nation’s 46 million renter households, only one in seven – 6 million – in 2024 earned at least $126,700, the […]

Popular Interests In This Article: Charlene Crowell, Housing Affordability, Joint Center for Housing Studies, State of the Nations Housing Report



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