Household Net Worth Jumps To A Record

U.S. household net worth jumped to a fresh record during the fourth quarter, on rising stock prices and higher home values. Household net worth increased by $5.3 trillion, or 3.7 percent, after a more moderate gain during the third quarter, a Federal Reserve report showed Thursday. The fourth-quarter advance pushed net worth to more than $150 trillion. The value of real estate held by households rose by $1.5 trillion, and the value of equity holdings climbed $2.5 trillion.

- The Washington Post