Households’ Balance Sheets: Q4 2020

According to the Federal Reserve Flow of Funds report, as of the fourth quarter of 2020, the market value of all real estate assets held by households stood at $32.0 trillion. On the other side of the balance sheet, their liabilities, i.e., the mortgages held on said assets, totaled $10.9 trillion. As a result, total owners’ equity, defined as the… Read More ›