The latest flow - of - funds data from the Federal Reserve confirmed that home - equity wealth reached a new
nominal high this year: $ 13.9 trillion
at mid-2017, $ 0.5 trillion above the 2006 peak and more than
double the $ 6.0 trillion amount
at the trough of the Great Recession.
It is more accurate to argue that following poor 10 - year returns, provided that valuations are depressed based on normalized earnings and the economy is likely to grow
at double digits rates of
nominal growth - investors can probably anticipate higher subsequent long - term returns.