Boston Real Estate Investors Association

Value of Owner-Occupied Real Estate Falls for 3rd Consecutive Quarter

A recent report from the NAHB’s Eye on Housing says the market value of owner-occupied real estate has fallen for the 3rd consecutive quarter.  According to their data, the level of households’ real estate assets decreased by $0.61 trillion from $41.79 trillion in Q4 of 2022 to $41.18 trillion in the Q1 of 2023.  Interestingly, real estate secured liabilities of households’ balance sheets (mortgages, home equity loans, and HELOCs) increased over Q1 from $12.47 trillion to $12.52 trillion, a 0.36% quarterly increase.

Click here to read the full report at the NAHB’s Eye on Housing.



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