Research Economist Danielle Hale with the National Association of Realtors (NAR) has posted some fascinating information about the value of household real estate at the NAR website at realty.org:

• The aggregate value of household real estate has increased for the third quarter in a row, following nine consecutive quarters of decline.
• Fourth quarter 2009 values are at $16.6 trillion, up $890 billion since the first quarter according to Federal Reserve Flow of Funds data.
• Residential real estate has yet to show year-over-year gains.
• At its peak, the market value of residential real estate was $22.9 trillion.

Read more at the NAR website.

Posted in Education And Training, MBI Headlines

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