CoreLogic analysis shows U.S. homeowners with mortgages (roughly 62% of all properties*) have seen their equity increase by a total of over $3.8 trillion since the first quarter of 2021, a gain of 32.2% year over year.
In April, U.S. home prices rose by almost 20.9% year over year, according to CoreLogic’s most recent Home Price Index (HPI) Report.
In 2021, people spent more on real estate than ever before. CoreLogic Economist Thomas Malone describes the underlying trends that led to record-breaking expenditures.
Homeowners Gained Over $3.2 Trillion in Home Equity in 2021.
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the Homeowner Equity Report for the fourth quarter of 2021.
National home prices increased 19.1% year over year in January 2022, according to the latest CoreLogic Home Price Index (HPI®) Report.