Homeowners can breathe a small sigh of relief: property crime is on the decline, according to a report released by the FBI on Monday.

Homeowners can sleep a little better: property crime is down, according to a report released by the Federal Bureau of Investigation on Monday.

Defined by the FBI as “burglary, larceny-theft, motor vehicle theft, and arson,” property crime numbers dropped 3 percent between 2016 and 2017. Over the past year, the agency recorded 7,694, instances of property crime, with larceny theft making up almost three quarters (71.8 percent) of that total. At 18 percent, burglary was the second most frequently committed crime followed by motor vehicle theft at 10 percent.

All told, victims of property crime — arson excluded — suffered $15.3 billion in damages in 2017. But while the numbers may sound shocking, burglaries and larceny-thefts dropped by 7.6 percent and 2.2 percent, respectively. Motor vehicle theft rose, but only by 0.8 percent.

In total, property crime has dropped 13.6 percent since 2013 and 26.5 percent since 2008.

FBI

The FBI report also looked at violent crime, which dropped by 0.2 percent between 2017 and 2016. Out of the 1.24 million violent crimes committed in 2017, aggravated assault (65 percent) and robbery (25.6 percent) made up the lion’s share. Making up only 1.4 percent of all violent crimes, murders have dropped 0.7 percent between 2017 and 2016.

And finally, the report shows homeowners that they are much more likely to fall victim to property crime than to the violent crime many fear most  — while there were 382.9 violent crime offenses per every 100,000 inhabitants, there were 2,362.2 property crime offenses for the same number of people.

Email Veronika Bondarenko

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×