The Brief

With home prices continuing to rise, many homeowners have seen significant gains (and losses) in their home’s equity.

A new study from Bankrate showed which states saw the greatest home equity gains in the last five years.

What they're saying:

"It’s no surprise that home equity values have risen since 2020, given the rapid appreciation in home prices across the country. What is surprising, however, is which states have benefited the most. While absolute gains favor already high-priced markets like Hawaii, many of the states seeing the highest percentage increases have been flying under the radar," Stephen Kates, chief financial analyst at Bankrate, said.

Top 5 states where average home equity increased the most

Dig deeper:

West Virginia, which topped the list for

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