U.S. home values have bounced back from the depths of the meltdown and are now at an all-time record high. While some markets are still undervalued, the national average has completely regained the value it lost during the crisis.
Zillow just released a new report on the 2016 value of U.S. homes and it's a big number. The real estate site says the final number for the combined value of all homes for this year is expected to rise higher than 29.6 trillion dollars.
That's up 5.7% from last year, or 1.6 trillion dollars. It also shows that the nation has gained back all 6.4 trillion dollars it lost from 2006 through 2011 during the housing crisis.
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