Total value of U.S. homes reaches pre-crash levels

Printer-friendly version

Rising home values could help increase inventory, which has been low in recent years.

April 06, 2016

Photo: Karen Rustad/Creative Commons.

The total value of U.S. homes in the fourth quarter of 2015 was $25.3 trillion, a level the market hasn't seen since 2006, before the housing crash and great recession.

Housing has been slow to recover because of tight lending standards, unemployment, crippling debt, and credit scores harmed by foreclosures. Rising home values could help increase inventory, which has been low in recent years. If home values rise high enough for homeowners to make money on a sale, more homes should go on the market. 

Comments on: "Total value of U.S. homes reaches pre-crash levels"

July 2017

This Month in Professional Builder

Products
Features

Ashton Woods launched Starlight Homes to target entry-level home...

Overlay Init