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Homeowners see slower equity gains as housing market cools

Por: Chicago Tribune Business September 29, 2022

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LOS ANGELES — Homeowner equity climbed to record highs in the first half of this year, though its rate of growth is slowing as the housing market cools. Average homeowner equity per borrower reached $298,380 in the second quarter, according to data from CoreLogic. That works out to $3.6 trillion in equity gained by U.S. homeowners with a mortgage, which represent about 63% of all homes, the real estate information company said. Average... + full article



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