Zillow: Gains in Housing Now Make It Worth $31.8 Trillion

A banner year.
Another $2 trillion was added to the housing market in 2017, brought to a collective $31.8 trillion, according to a recently released report by Zillow. On an annual basis, home values increased 6.5 percent last year; values last expanded at a faster pace—8 percent—in 2013.
The additional $2 trillion, put another way, doubles Apple’s recent $900 billion valuation.
“This was a record year for home values, as the national housing stock reached record heights i