Zillow Press Release: U.S. Home Values Gained $1.1 Trillion, Renters Paid Record $535 Billion in 2015

FOR IMMEDIATE RELEASE

December 30, 2015

U.S. Home Values Gained $1.1 Trillion, Renters Paid Record $535 Billion in 2015

Despite slowing home value growth, several markets are more valuable than ever

– The cumulative value of all homes in the United States is $28.5 trillion at the end of 2015, up 4.1 percent from 2014.

– U.S. renters paid $535 billion in rent as the number of renter households rose by 1.8 million over the past year.

– In November, home values rose 3.9 percent to a Zillow Home Value Index of $183,000.

SEATTLE, Dec. 30, 2015 — The value of all homes nationwide grew $1.1 trillion in 2015, and is expected to end the year at $28.5 trillion total. The value of the entire housing stock grew 4.1 percent over the past year, slower than the 6 percent growth in 2014…

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