We recently posted the Census Bureau’s Homeownership & Rental Vacancy numbers for Q4 2024. In that vein, Redfin says the number of renter households in America increased 0.8% year over year to 45.4 million in the fourth quarter of 2024 – the slowest growth since Q1 of 2023. In addition, they found that the number of homeowner households rose 0.8% to 86.9 million—a growth rate that’s little changed from recent quarters. To get their report, Redfin analyzed U.S. Census Bureau data going back to 1994. See the interactive map below for more data.
Click here to read the full report at Redfin.