U.S. New Home Market Cap Nearing 2005 Nominal Peak Bubble Levels
April 28, 2021 at 05:38 AM EDT
In August 2005, the market capitalization of the new home market peaked at $31.05 billion, in January 2021, the market cap of the new home market reached $30.32 billion, just 2.4% shy of the housing market's previous nominal peak.