Skip to content
Subscriber Only

Household Worth in U.S. Rose by $837.4 Billion in First Quarter

  • Rising real estate values drive gain as stocks little changed
  • Mortgage borrowing climbs for fourth consecutive quarter
Video player cover image

Three Must-See Charts on U.S. Household Worth

Household wealth in the U.S. increased in the first quarter as rising real-estate values propped up Americans’ finances, figures from the Federal Reserve in Washington showed Thursday.

With the Standard & Poor’s 500 Index up just 0.8 percent in the first quarter, household wealth was mostly supported by steadily increasing real-estate values as housing continues to recover from the financial crisis. However, a re-acceleration in job growth that also brings a significant pickup in wages will be needed to strengthen balance sheets further, especially for those without access to assets like stocks and homes.