The value of the U.S. housing market hit an all-time record $31.8 trillion. (Photo: HousingWire)
Value of U.S. Housing Market Climbs To Record…
The total value of all homes in the U.S. increased in 2017 to a total $31.8 trillion, according to the latest report from Zillow. To put it in perspective, the total value of the housing market is 1.5 times greater than the gross domestic product of the U.S., and nearly three times that of China.
