Rising homeownership

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


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/
ART ELEMENTS: ADOBE STOCK

 


 

The Garden Center Conference & Expo, presented by Garden Center magazine, is the leading event where garden retailers come together to learn from each other, get inspired and move the industry forward. Be sure to register by April 17 to get the lowest rates for the 2025 show in Kansas City, Missouri, Aug. 5-7.

REGISTER NOW
May 2021
Explore the May 2021 Issue

Check out more from this issue and find your next story to read.