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U.S. Housing Market Gained Almost $10 Trillion During Pandemic

  • NYC had smallest gain among cities in 2021, Austin the biggest
  • Housing market stock doubled in U.S. in past decade: Zillow
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Sales of Existing U.S Homes Slump to End the Year

Strong demand and limited supply led to a historic jump in the value of the U.S. housing stock, which surged to $43.4 trillion last year.

The aggregate value of homes has now doubled since a decade ago, when the market was recovering from the Great Recession, according Zillow Group Inc.