Homeowners See Slower Equity Gains as Housing Market Cools

Homeowners See Slower Equity Gains as Housing Market Cools
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The Associated Press
Updated:

LOS ANGELES—Homeowner equity climbed to record highs in the first half of this year, though its rate of growth is slowing as the housing market cools.

Average homeowner equity per borrower reached $298,380 in the second quarter, according to data from CoreLogic.