Analysis Shows Homeownership is the Strongest Wealth Builder

It's no secret to many, including REALTORS®, that homeownership presents a great pathway to build wealth. Housing wealth accumulation takes time and is built up by paying off the mortgage debt and by price appreciation. And while home prices can fall, home prices tend to recover and go up over the longer term. 

Nine of the top 10 metro areas with the largest housing wealth gains over a 10-year period were on the West Coast, including the San Diego region. Read NAR's recent analysis of metro area wealth gains.