Hot US housing market fuels a rise in homeowners’ equity


On average, homes with a mortgage gained US$26,300 (RM108,158) in equity in the last three months of 2020 versus a year earlier, according to real estate information company CoreLogic. That average gain is the highest since 2013, the firm said.

THE red-hot US housing market is paying off for many homeowners, even those who aren’t looking to sell their home.

On average, homes with a mortgage gained US$26,300 (RM108,158) in equity in the last three months of 2020 versus a year earlier, according to real estate information company CoreLogic. That average gain is the highest since 2013, the firm said.

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