Rising Home Values, Rising Wealth (For Some) | WYPR

Rising Home Values, Rising Wealth (For Some)

Mar 16, 2017

Credit liz west/flickr

American wealth is on the rise. Thanks primarily to a surging stock market during the final quarter of 2016, aggregate household wealth increased 2.3 percent to end at nearly $93 trillion. The value of household stock and mutual fund portfolios leapt by more than $700 billion during the fourth quarter. The value of homes rose by roughly another $560 billion.  

Anirban has more.