By contrast, home equity rose in the second quarter for only the second time since 2006, up 2.1 percent to $16.9 trillion. That's up from a bottom of about $16.1 trillion. Home equity remains far below the $22.7 trillion reached in 2006, at the peak of the bubble.
Stocks account for about 22 percent of Americans' wealth. Housing makes up 27 percent, down from one-third at the peak of the bubble. The rest of household net worth is made up of savings accounts, bonds, pension fund holdings and ownership stakes in small businesses.
More than 96 percent of workers with 401(k) plans now have more money in their accounts than before the market top five years ago, according to the Employee Benefit Research Institute in Washington.
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