A recent report from the NAHB’s Eye on Housing says the market value of owner-occupied real estate has fallen for the 3rd consecutive quarter. According to their data, the level of households’ real estate assets decreased by $0.61 trillion from $41.79 trillion in Q4 of 2022 to $41.18 trillion in the Q1 of 2023. Interestingly, real estate secured liabilities of households’ balance sheets (mortgages, home equity loans, and HELOCs) increased over Q1 from $12.47 trillion to $12.52 trillion, a 0.36% quarterly increase.
Click here to read the full report at the NAHB’s Eye on Housing.
Discover more from Real Estate Investing Today
Subscribe to get the latest posts sent to your email.
