US Housing Stock Adds $1.7 Trillion in Value

December 19, 2014

A new report by Zillow Real Estate Research found that the aggregate value of all homes nationwide is expected to rise by $1.7 trillion to reach $27.5 trillion by the end of 2014.

 

Despite the gain in housing stock, median home values only rose 6 percent year-over-year in November, the smallest annual gain since June 2013. Markets including Denver, Pittsburgh, and Dallas have exceeded their median home value peak. Inventory gains are also beginning to stall as they've fallen by 1.7 percent between October and November.

 

Read more

Comments

expand_less