U.S. household wealth in the third quarter rose to another record, driven by a stock market surge and rising property values, figures from the Federal Reserve in Washington showed Thursday..The gain in the value of financial assets reflects a percent rise last quarter in the Standard Poor s Index, which is hovering near a record high this month. Households also benefited as house prices climbed . percent in September from a year ago, the most since mid , based on S P .Rising stock and real estate prices drove U.S. household wealth to $. trillion in the third quarter of this year, a report by the Federal Reserve showed on Thursday. The U.S. stock market has reached record highs and the unemployment rate is currently at . percent, near a year low. Elsewhere in .NEW YORK, Dec US household wealth in the third quarter rose to another record, driven by a stock market surge and rising property values, figures by $. trillion RM. trillion quarter on quarter q q , or . per cent, to US$. trilion from a downwardly revised US$. trillion, according to Fed s .
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