Home Equity Boosts Us Household Wealth 1 Pct. To $100.8t

WASHINGTON (AP) — Increased home prices boosted U.S. household net worth 1 percent in the January-March quarter to crack $100 trillion for the first time. The Federal Reserve says total home values rose $500 billion, offsetting a decline in stock portfolios of $400 billion.Read more on NewsOK.com

BING NEWS:
  • Household wealth climbs to record on higher stock values
    Household net worth increased nearly $4.8 trillion, or 2.9% from the prior quarter, to $168.8 trillion, a Federal Reserve report showed Thursday. The value of Americans’ equity holdings rose $3.8 ...
    12/12/2024 - 8:19 am | View Link
  • US Household Wealth Climbs to a Record on Higher Stock Values
    US household wealth rose to a fresh record in the third quarter, fueled by a stock-market rally ahead of the presidential election.
    12/12/2024 - 4:37 am | View Link
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