In 10 Years, the Housing Market Has Doubled

$43 trillion: that is the new value of the housing market as a whole, now double what it was since the lows of the post-recession market and the corresponding building slump of the early 2010s. As a whole, when dividing the total number of houses by price into thirds, the top third of the most expensive homes now makes up 60.8% of the market, the middle third makes up 26.4%, while the bottom third of homes accounts for only 12.8% of the market. Los Angeles also contributed more to the total growth this year than any other city.

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