Despite the housing market cool down, homeowners with mortgages, which accounts for roughly 63% of all properties, gained $1 trillion in equity between the fourth quarter of 2021 and the fourth quarter of 2022, according to a report released Thursday by CoreLogic.

On average, U.S. homeowners with mortgages gained $14,300 in equity, a jump of 7.3%, from Q4 2021 to Q4 2022. While this is still a strong gain, it is down markedly from the average yearly equity increase of $63,100 details ⇒

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