U.S. Household Net Worth Surged in Closing Months of 2020.

(Bloomberg) -- U.S. household net worth soared in the closing months of 2020 to a fresh record, driven by rising stock prices and residential real estate values after the government took unprecedented steps to ease the financial fallout from the pandemic. The report showed the value of equities increased by almost $4.9 trillion, while the value of real estate held by households by $915 billion. [Extracted from the article]

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