Strong Price Growth Creates Record-Level Property Equity

It seems COVID-19 and its economic toll hasn’t managed to crimp the housing industry as home prices parachute unabated and home equity grows, according to a report from CoreLogic.com. Between Q3 2019 and Q3 2020, cumulative equity gains hit $1 trillion, while average equity gains per homeowner reached ascended to $17,000, reaching their highest level since …

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Source: DS News

2020-12-10T13:01:51-06:00