(Bloomberg) — Household wealth in the U.S. increased from October through December by the most in a year as stock prices advanced to an all-time high at the end of 2014.

Net worth for households and non-profit groups rose by $1.5 trillion in the fourth quarter, or 1.9 percent from the previous three months, to $82.9 trillion, the Federal Reserve said Thursday from Washington in its financial accounts report, previously known as the flow of funds survey.

Record stock prices and steadily increasing home values have made U.S. households wealthier as the economic expansion lumbered on. While faster job growth and low fuel prices also have helped lower-income households, bigger wage gains will strengthen balance sheets further.

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