Increases in stock prices accounted for a $4.9 trillion boost to household wealth from October to December, according to the Fed.
Overall, household assets were up by $12 trillion from the end of 2019.
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The Rise of Digital Mortgages in Lending: How Tech Innovations are Reshaping the Market Explore the rise of digital mortgages and how technology innovations are transforming the lending market. Learn about AI, blockchain, and digital platforms reshaping the mortgage industry.
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Rising Real Estate Prices Added $900B to Household Assets: Fed
Surging values for real estate tacked on $900 billion to household assets in the fourth quarter of last year, helping push the U.S. wealth total to $130.2 trillion, according to the Federal Reserve. So reports Reuters.
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