Home Purchases by Tract Minority Percent 2022-2023

Home purchase lending in census tracts with more than 75% minority residents increased by 5% between 2022 and 2023. A percentage increase measures how much something has grown relative to its original amount. The share of home purchases to upper-income Hispanic homebuyers in those tracts increased by 11%, while White low-income borrowers saw their share of loans in those tracts decline by 18%.