Rising Home Values Are Giving U.S. Homeowners Record High Housing Wealth
Pro Builder
FEBRUARY 4, 2022
Nearly half of all homeowners were considered equity-rich at the end of 2021 after a $2.6 trillion gain in tappable equity. Annual home price gains averaged 15% in 2021, a substantial increase from 6% in 2020, and according to expert economists, the upward trend is continuing. That is not the case now. .
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