Zillow report cites gains, but also identifies markets that are still lagging.
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The U.S. housing market has gained back all $9 trillion in value it lost when the market collapsed, but the uneven nature of the crisis and subsequent recovery has left many housing markets trailing behind, while others surge further ahead, Zillow reported Thursday.
More than half of the nation’s largest housing markets have regained all of the value lost during the recession, with the typical U.S. home worth $55,200 more than it was at the bottom of the housing bust, according to the new Zillow® report.
