Homeowners Gained Over $1.5 Trillion In Equity During Q4 2020
U.S. homeowners with mortgages saw their equity increase by 16.2% year-over-year in the fourth quarter of 2020, according to new data from Corelogic Inc (NYSE: CLGX). This represents a year-over-year average gain of $26,300 per homeowner and a collective equity gain of more than $1.5 trillion.