National Homeowner Equity
In the second quarter of 2020, the average homeowner gained approximately $9,800 in equity during the past year. Montana had the highest year-over-year average increase at $28,900.
Negative Equity Falls
In the second quarter of 2020, the total number of mortgaged residential properties with negative equity decreased by 5.4% from the first quarter of 2020 to 1.7 million homes, or 3.2% of all mortgaged properties. On a year-over-year basis, negative equity fell by 15% from 2.1 million homes, or 3.8% of all mortgaged properties, in the second quarter of 2019.
National Aggregate Value of Negative Equity: Q2 2020 
The national aggregate value of negative equity was approximately $284 billion at the end of the second quarter of 2020. This is down quarter over quarter by approximately $0.7 billion, or 0.2%, from $285 billion in the first quarter of 2020 and down year over year by approximately $20 billion, or 6.6%, from $304 billion in the second quarter of 2019.
Negative equity peaked at 26% of mortgaged residential properties in the fourth quarter of 2009, based on the CoreLogic equity data analysis which began in the third quarter of 2009.
National Homeowner Equity 
In the second quarter of 2020, the average homeowner gained approximately $9,800 in equity during the past year. Montana had the highest year-over-year average increase at $28,900.
This information was published by The CoreLogic Homeowner Equity Insights report, is published quarterly.
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