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Black home equity grew fastest during the pandemic
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DEI, Financial Stability, Nonbank Financial
Monday, March 6, 2023
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New data released from Zillow found the value of homes owned by Black Americans appreciated in value at a higher rate than all other homes during the pandemic, continuing a trend that began in 2014.
Though Black homeowners have seen a great rate of appreciation in value over the past nine years, it hasn’t been enough to close the racial wealth gap, according to Zillow.
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