【Zillow】Recovery Riches: The U.S. Housing Market Gained $11 Trillion in Value in the 2010s

• The combined value of every residential home in the United States was $33.6 trillion at the end of 2019, up 3.4% ($1.1 trillion) from a year ago and 51% ($11.3 trillion) from the start of the decade.
• The total value of the U.S. housing stock is almost equal to the combined 2018 GDPs of the U.S.A. (~$20.5 trillion) and China (~$13.6 trillion), by far the world’s two largest national economies.
• Over the past decade, California’s housing stock grew in value by more than $3.1 trillion, by far the largest such growth of any single state – and comfortably more than the combined total of the next four states on the list.

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