Homeowners get $2 trillion richer in red-hot housing market

CNBC Television published this video item, entitled “Homeowners get $2 trillion richer in red-hot housing market” – below is their description.

Homeowners with mortgages, which is about 60% of all properties, saw their equity jump by 20% in the first quarter of this year from a year ago, according to CoreLogic. CNBC’s Diana Olick reports.

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CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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