Average homeowner gained $9,700 in equity in 1 year

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Homeowners keep racking up equity, with the average gain totaling $9,700 over the past year. According to the latest report from CoreLogic, this equates to an 8.1% increase year over year and represents an aggregate gain of $678.4 billion since Q4 2017. Could this mean big volume for home equity loans as interest rates slide?