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Home / Home price 'chill,' weaker financial markets lead to $900B Q2 loss in net wealth; largest on record: RBC

Home price 'chill,' weaker financial markets lead to $900B Q2 loss in net wealth; largest on record: RBC

Posted on October 29, 2022October 30, 2022 by admin

After building trillions of dollars in net wealth during the COVID-19 pandemic, about $900 billion was lost in the second quarter of 2022 due to weaker housing and financial markets, making it the largest drop on record, a recent analysis from RBC has found.
Source: ctv business
Home price ‘chill,’ weaker financial markets lead to 0B Q2 loss in net wealth; largest on record: RBC

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