I want to know the answer to the following question:
How much was home equity valued in the United States in mid-2008?
All the background I'm provided with is that "Total home equity in the United States, which was valued at $13 trillion at its peak in 2006, had dropped to $8.8 trillion by mid-2008 and was still falling in late 2008.". Is that enough to answer the question?
Answer: yes