Final answer:
The calculation of total equity in 2009 is not possible with the information provided, which lacks specific values for market prices and remaining loan balances for that year. The presented context indicates a decline in housing equity after 2006 due to the financial crisis.
Step-by-step explanation:
The total equity for the year 2009 can be understood in the context of the Housing Bubble and the 2007 Financial Crisis. From the data provided, it is clear that the figure relevant to total equity in 2009 isn't directly listed; thus, additional information or context is needed to answer this question accurately. If the question pertains to housing equity, it is important to note that housing equity is calculated as the market prices of homes minus what is still owed on the loans for those properties. However, without specific values for market prices and remaining loan balances for 2009, determining the total equity is not possible based on the given information.
That being said, the narrative context provided does indicate a decline in equity values post-2006 when the housing equity in the United States peaked. It could be inferred that the total equity in 2009 was significantly lower than the $13 trillion peak in 2006, as the financial crisis impacted market prices and potentially increased loan defaults. Nonetheless, without precise figures, one cannot provide an exact number for the total equity in 2009.