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US housing market is now worth a record $52 trillion: Zillow

Of the six markets where housing has gained the most value since the start of the pandemic, four are in Florida: Tampa (+88.9%), Miami (+86.6%), Jacksonville (+82.4%) and Orlando (+72.3%), according to Zillow.

Unsold homebuilder inventory is ticking up as new home sales slow

After a boost in July, the sales pace of new homes slowed down in August, according to data published on Wednesday by the U.S. Census Bureau. The inventory of unsold new homes is at its highest since December.

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