US housing market has gained back economic downturn losses, but spread is uneven
Zillowq | January 30, 2018
The residential housing market in the United States has gained back all $9 trillion in value it lost when the market collapsed in 2007, new research shows. But the uneven nature of the crisis and subsequent recovery has left many housing markets trailing behind, while others surge further ahead, according to the report from real estate firm Zillow. More than half of the nation’s largest housing markets have regained all of the value lost during the recession, with the typical home worth $55,200 more than it was at the bottom of the housing bust.