evidence: But Black homeownership, at 43.4%, remains lower than it was a decade ago. And it is nearly 30 percentage points behind the White homeownership rate of 72.1%. Meanwhile, the Hispanic homeownership rate rose to an all-time high, reaching over 50% for the first time, and the Asian homeownership rate is 61.7%. [...] "Today, homeownership is the principal source of wealth creation for most American households," said Marcia L. Fudge, Secretary of the Department of Housing and Urban Development, in a statement. "Unfortunately, NAR’s report confirms that Black Americans are being locked out of homeownership opportunities at an even higher rate than a decade ago." [...] According to the group, bringing the rate of Black homeownership up to that of White Americans would require increasing the number of existing Black homeowners by 72% or roughly 5 million.