Redfin, Seattle, reported the estimated total worth of U.S. homes hit a record $46.8 trillion in June, beating a record of $46.6 trillion set last year.
Tag: Home Values
Redfin: U.S. Housing Market Hits Record at Nearly $47 Trillion in Total Value
Redfin, Seattle, reported the estimated total worth of U.S. homes hit a record $46.8 trillion in June, beating a record of $46.6 trillion set last year.
Zillow: Recovery Added $11.3 Trillion to U.S. Housing Value over Past Decade
Zillow, Seattle, said the total value of every home in the U.S. reached $33.6 trillion at the end of 2019, nearly as much as the GDP of the two largest global economies combined–the U.S. ($20.5 trillion) and China ($13.6 trillion).
Home Prices, Values Up; Inventories Down; Credit Scores Improve
Zillow, Seattle, said despite slowing home price growth, home buyers are still feeling the pinch because of low housing inventories and rising rents. In a separate report, Redfin, Seattle, said home price value continued to accelerate, reaching their highest levels since July 2018.