Owners’ equity in household real estate, 1945-2007
Owners’ equity in household real estate, 1945-2007
During 2007, owners’ equity as a percentage of household real estate value fell below 50% for the first time in 63 years. $ in billions.
Click column headers to sort fields
| Year | Household real estate value | Home mortgages | Owners’ equity | Equity as a % of value |
|---|---|---|---|---|
| 1945 | $116.00 | $18.60 | $97.50 | 84.00% |
| 1946 | 133.4 | 23 | 110.5 | 82.8 |
| 1947 | 177.5 | 28.1 | 149.4 | 84.2 |
| 1948 | 199.3 | 33.1 | 166.2 | 83.4 |
| 1949 | 216.5 | 37.4 | 179.1 | 82.7 |
| 1950 | 243.3 | 45 | 198.3 | 81.5 |
| 1951 | 270.9 | 51.7 | 219.1 | 80.9 |
| 1952 | 294.8 | 58.4 | 236.3 | 80.2 |
| 1953 | 315.1 | 66 | 249.1 | 79.1 |
| 1954 | 337.6 | 75.3 | 262.3 | 77.7 |
| 1955 | 367.4 | 87.9 | 279.5 | 76.1 |
| 1956 | 394.3 | 98.7 | 295.6 | 75 |
| 1957 | 417.2 | 107.3 | 309.8 | 74.3 |
| 1958 | 438.4 | 117.1 | 321.3 | 73.3 |
| 1959 | 463.6 | 130 | 333.6 | 72 |
| 1960 | 486.9 | 141.3 | 345.6 | 71 |
| 1961 | 511.1 | 154 | 357.1 | 69.9 |
| 1962 | 533.2 | 168.3 | 364.9 | 68.4 |
| 1963 | 553.2 | 185.1 | 368.2 | 66.6 |
| 1964 | 579.8 | 202.3 | 377.5 | 65.1 |
| 1965 | 605.6 | 219.4 | 386.2 | 63.8 |
| 1966 | 649 | 232.7 | 416.3 | 64.1 |
| 1967 | 685.7 | 245.9 | 439.8 | 64.1 |
| 1968 | 768.2 | 262.8 | 505.3 | 65.8 |
| 1969 | 832.4 | 278.6 | 553.9 | 66.5 |
| 1970 | 874.5 | 285.9 | 588.6 | 67.3 |
| 1971 | 957.2 | 309.4 | 647.8 | 67.7 |
| 1972 | 1,098.60 | 343.5 | 755.1 | 68.7 |
| 1973 | 1,251.40 | 382.2 | 869.3 | 69.5 |
| 1974 | 1,261.10 | 419.3 | 841.9 | 66.8 |
| 1975 | 1,413.70 | 459 | 954.6 | 67.5 |
| 1976 | 1,590.00 | 517 | 1,073.00 | 67.5 |
| 1977 | 1,886.80 | 603 | 1,283.90 | 68 |
| 1978 | 2,210.90 | 708.6 | 1,502.30 | 67.9 |
| 1979 | 2,603.30 | 826.7 | 1,776.60 | 68.2 |
| 1980 | 2,943.20 | 926.5 | 2,016.70 | 68.5 |
| 1981 | 3,293.00 | 998.20 | 2,294.70 | 69.7 |
| 1982 | 3,447.40 | 1,031.10 | 2,416.20 | 70.1 |
| 1983 | 3,602.80 | 1,116.20 | 2,486.60 | 69 |
| 1984 | 4,110.10 | 1,242.80 | 2,867.30 | 69.8 |
| 1985 | 4,658.40 | 1,448.30 | 3,210.10 | 68.9 |
| 1986 | 5,088.20 | 1,647.00 | 3,441.10 | 67.6 |
| 1987 | 5,502.40 | 1,826.60 | 3,675.80 | 66.8 |
| 1988 | 5,977.80 | 2,052.80 | 3,925.00 | 65.7 |
| 1989 | 6,474.00 | 2,276.00 | 4,198.00 | 64.8 |
| 1990 | 6,580.50 | 2,503.70 | 4,076.70 | 62 |
| 1991 | 6,784.70 | 2,681.40 | 4,103.30 | 60.5 |
| 1992 | 7,116.80 | 2,852.70 | 4,264.10 | 59.9 |
| 1993 | 7,371.20 | 3,011.90 | 4,359.30 | 59.1 |
| 1994 | 7,634.70 | 3,178.90 | 4,455.80 | 58.4 |
| 1995 | 7,975.30 | 3,332.70 | 4,642.60 | 58.2 |
| 1996 | 8,349.20 | 3,538.20 | 4,811.10 | 57.6 |
| 1997 | 8,758.20 | 3,754.30 | 5,003.90 | 57.1 |
| 1998 | 9,538.50 | 4,055.90 | 5,482.50 | 57.5 |
| 1999 | 10,429.00 | 4,432.90 | 5,996.10 | 57.5 |
| 2000 | 11,374.30 | 4,818.30 | 6,556.00 | 57.6 |
| 2001 | 12,386.20 | 5,324.90 | 7,061.30 | 57 |
| 2002 | 13,585.40 | 6,034.10 | 7,551.30 | 55.6 |
| 2003 | 14,937.50 | 6,882.40 | 8,055.10 | 53.9 |
| 2004 | 16,701.70 | 7,837.60 | 8,864.10 | 53.1 |
| 2005 | 18,694.80 | 8,866.20 | 9,828.70 | 52.6 |
| 2006 | 19,887.50 | 9,854.00 | 10,033.50 | 50.5 |
| 2007 | 20,154.70 | 10,508.80 | 9,646.00 | 47.9 |
| Source: Source: Federal Reserve Flow of Funds Accounts of the United States | ||||
Learn more about reprints and licensing for this article.
