How Much is the U.S. Housing Market Worth?

According to Redfin, the U.S. housing market is now worth a stone’s throw from $50 trillion: Depending on the day, that puts the housing market roughly on par with the total value of the U.S. stock market. In the past decade alone the total value of the housing market has more than doubled (from $23 trillion in 2014). Considering mortgage rates averaged nearly 7% in 2024, it’s hard to believe housing prices w...