General World News

Is home equity, now at $11.5 trillion, at its peak?

Home equity climbed to a historic high of $11.5 trillion in the second quarter, but it could be nearing its peak as major equity-rich markets on the West Coast begin to show signs of decline. 

Tappable equity, the amount available for homeowners to access while retaining at least 20% equity in their homes, rose again for the 10th consecutive time, according to Black Knight. It rose $500 billion from the previous quarter and $2.3 trillion from the same period in 2021. Black Knight calculates homeowner equity levels by leveraging loan-level mortgage performance data and its home price index. 

While homeowners saw home details ⇒

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