Homeowner Equity Q3 2021

 

Homeowner Equity Q3 2021

CoreLogic analysis shows U.S. homeowners with mortgages (roughly 63% of all properties*) have seen their equity increase by a total of over $3.2 trillion since the third quarter of 2020, an increase of 31.1% year over year.

Negative Equity Falls.

This summer, home price growth reached the highest level in more than 45 years, pushing equity gains to another record high and allowing 70,000 properties to regain equity in the third quarter of 2021.

 

In the third quarter of 2021, the average homeowner gained approximately $56,700 in equity during the past year.