Homeowners Gain Trillions in Equity in Q2 2021
The National Association of Home Builders that builder sentiment in September realized its first increase in three months. Additionally, a new report from CoreLogic reveals homeowners with mortgages gained $2.9 trillion in equity in the second quarter of 2021, a 29.3% year-over-year increase. We take a closer look This Week in Real Estate.
“Home equity wealth is at a record level and will bolster economic activity in the coming year.”Dr. Frank Nothaft, chief economist for CoreLogic