Homeowner’s equity (the difference between current home value and the total amount of debt against the home) has risen to a record level in the U.S. at $15.189 Trillion as of the 2nd quarter of this year, according to reports from the St Louis Fed Reserve. As the chart below illustrates, this level is even higher than the previous peak in 2006 at the tail-end of the housing bubble when equity was at $13.417 Trillion.
Homeowner’s Equity In Real Estate
(Click on chart for live, interactive chart with current data)