A fresh datapoint has emerged showing just how red-hot America’s housing market has been as the pandemic’s work-from-home revolution sent people on a buying spree that collided with slim supply to send the value of the U.S. housing stock soaring.
The total value of homes in the United States surged by $6.9 trillion in 2021, according to a Jan. 27 analysis by Zillow, easily topping any prior year on record.
