The Real Deal New York

Rising prices produce big home equity rebound

About 4 million homeowners lifted out of negative equity in rising market

April 14, 2014 04:30PM
By Kenneth R. Harney

From the April issue: The economy may be growing at a frustratingly slow pace, but one piece is booming: homeowners’ equity holdings — the market value of their houses minus mortgage debts — soared last year to $10 trillion, an increase of nearly $2.1 trillion. [more]

Welcome to TRData
TRData is a new site focused on research, currently in development by The Real Deal, New York City’s largest real estate publisher.
Click here for more information about the site