Senior Housing Wealth Tops $8 Trillion for First Time

Reverse Mortgage Daily, Apr. 4, 2021–Chris Clow
Homeowners aged 62 and older saw their collective housing wealth increase in Q4 2020 by 3% compared to the previous quarter, an increase of $234 billion to a record of $8.05 trillion, according to data provided by the National Reverse Mortgage Lenders Association.