Los Angeles is "America’s Most Valuable Housing Market with $2.5 trillion Value

Posted on Jan 02, 2017 08:34 PM EST
  • email
  • print

Los Angeles is "America’s Most Valuable Housing Market with $2.5 trillion Value

A year-end market-value report from home listings site Zillow concludes that Greater Los Angeles is the American champion. "The total value of all homes is $2.5 trillion, a 6.4 percent change from last year, or [a gain of] $154 billion," according to a statement from Zillow spokeswoman Lauren Braun.

"Homes in the glitzy Los Angeles metro, America’s most valuable housing market and home to ultra-wealthy enclaves including Beverly Hills and Malibu, have ... more than double the combined wealth of America’s 50 richest citizens," according to the Zillow report.

Full Article

Like Us on Facebook

Get the Most Popular RealtyToday Stories in a Weekly Newsletter
© 2015 Realty Today All rights reserved. Do not reproduce without permission.
Trending on the web
Real Time Analytics