Despite slowing sales, the value of the U.S. housing market experienced record-breaking growth in 2023, according to Redfin’s latest housing report. The total value of 90 million U.S. homes rose from $45.1 trillion in December 2022 to $47.5 trillion in December 2023 — a 5.3 percent annual difference.
Source: Inman News
US housing market posted record-setting value growth in 2023
Published in average home values, Chen Zhao, homebuying, homeselling, Markets & Economy, pandemic boomtowns, Redfin and Select
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