According to Census Bureau data, black homeownership peaked in 2004 at 49.1 percent. It has fallen incrementally almost every year since. In fact, the rate is now about one-sixth lower than it was at its peak.
African-Americans are less than two-thirds as likely as non-Hispanic whites to own a home, and the most recent rate for African-Americans, 41.6 percent in 2016, ranks behind each of the other four major groups — non-Hispanic whites, Hispanics, Asian-Americans and Native Americans.
In fact, in 2005 the Hispanic homeownership rate overtook that of African-Americans, with the two groups diverging ever since.