The construction of new homes has been the catalyst for the growth of the real estate market The 20 most valuable metropolitan areas. Total value of the real estate market (billions) The growth in the value of luxury homes, which has consistently lagged behind the average market level in recent years, has now outpaced appreciation. It's not surprising, then, that Florida has overtaken New York as the state with the second most valuable real estate market. Department of Housing and Urban Development, which provides numerous housing market statistics from the federal government and other organizations.
The State of the Nation's Housing, from the Joint Center for Housing Studies at Harvard University, is an annual review of real estate markets in the U.S. UU.