U.S. Home Values Lost $798 Billion Last Quarter, Nearly $10 Trillion Destroyed Since Peak

The total value of U.S. homes dropped another $798 billion last quarter, according to numbers out from Zillow.

The average home is down 27 per cent from peak. This puts the total loss from the housing crash at an incredible $9.8 trillion.

chart

And sorry, but it’s not over yet.

Case Shiller: Here Are The 15 Markets That Will Fall The Most By 2012 >

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.