09-06-2016 18:09 via abqjournal.com

Rising home prices lift US wealth, even as stocks fall

WASHINGTON — Americans’ household wealth rose in the first three months of this year as home values increased, offsetting a drop in stock prices. The Federal Reserve says U.S. household net worth increased 1 percent to $88.1 trillion in the first quarter. Americans’ stock and mutual fund portfolios shrank $160 billion, while home values jumped […]
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