Real Estate Market Report: US Housing Value Surges, Gaining $2.6T in Past Year
The U.S. housing market has rebounded strongly in 2023 after a short-lived downturn late last year. The total value of the U.S. housing market has surged by more than $2.6 trillion over the past year, a new Zillow (NASDAQ: Z and ZG) analysis shows. The total value of the U.S. housing market — “the sum of Zillow’s estimated value for every U.S. home — is now slightly less than $52 trillion, which is $1.1 trillion