Housing Market

Affordability

Americans Have Gained $2 Trillion in Home Value During the Coronavirus Pandemic

The value of homes in the U.S. has surged 6.7% to $31.4 trillion since February despite skyrocketing unemployment triggered by the pandemic—further widening the wealth gap in America. The total worth of U.S. homes rose 6.7% to $31.4 trillion in October from $29.4 trillion in February. This $2 trillion increase eclipses the $1.7 trillion (6.6%) […]
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