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People spent $2.8 trillion on homes last year, setting an all-time high.
Just 3.3% of all mortgages in delinquency, lowest rate in 23 years.
The report accounts for U.S. homeowners with mortgages — roughly 63% of all properties — have seen their equity increase by 29.3% year over year.
Rising house prices and decreasing unemployment rates cited as key factors in monthly delinquency report.
For sale inventory in December and January the lowest in a generation
S&P CoreLogic Case-Shiller Index shows the largest gain in prices in 34 years.
