A homeowner who purchased a single-family existing home 10 years ago at the median sales price of $169,000 likely would have gained $225,000 in home equity if the home were sold at the median sales price of $363,100 in the third quarter of 2021. That’s according to a new study by National Association of Realtors Senior Economist Gay Cororaton, who examined housing wealth gains over the past three decades.
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