Homeowners across the board are feeling richer from rising home prices, but the wealthiest have enjoyed the largest gain, according to a report from the National Association of REALTORS\u00ae.<\/p>\n\n\n\n
From 2010 to 2020, about 71% of the increase in housing wealth was in high-income households. Low- and middle-income households received a smaller share of housing wealth gains, according to the NAR report. Low-income homeowners comprise a smaller share of homeowners overall, while high-income homeowners make up the largest segment of owners.<\/p>\n\n\n\n
Over the last decade, the housing value gap between households earning more than 200% of an area\u2019s median income and those earning less has significantly widened, according to NAR\u2019s report. High-income homeowners held 28% of all U.S. housing wealth in 2010, but by 2020, that percentage had grown to 42.6%.<\/p>\n\n\n\n