The total value of housing now exceeds $1 trillion in eight US markets: Orange County, Chicago, Phoenix, and Washington D.C. now join Los Angeles, New York, Atlanta and Boston. Orange County’s collective home values rose by $121 billion in a year to $1.11 trillion as of June 30. The $121 billion in added value nearly equals the combined worth of all homes in either Rochester, NY, or New Orleans. California had five other markets high on this value scorecard …San Diego: $987 billion in combined value (No. That’s been the story of the US housing market for years, as Americans grapple with one of the most unaffordable housing markets in a generation.

Source: CNN August 08, 2024 17:13 UTC