Rising homeownership

Departments - Last Look | Bonus takeaways to keep you thinking

Check out these statistics on new homeowners, which are a growing customer base.

May 5, 2021

According to new data released by the Census Bureau and analyzed by the Pew Research Center, there has been a growth in homeownership since the onset of the pandemic in 2020. In fact, 2020 welcomed in 2.1 million new homeowners — an annual increase of 2.6%. As many garden centers know, homeowners make up a large percentage of customers, and it’s important to take note of this growing trend.
Source: pewresearch.org/fact-tank/2021/03/08/amid-a-pandemic-and-a-recession-americans-go-on-a-near-record-homebuying-spree/