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US Stock market appr 60 Trillion
World Bank a paltry 220 Billion
Global Bank holding 23 Trillion
US Housing market 12 trillion.
Home owner equity 8 Trillion, highest since 2007
As you can see, the US housing market is not nearly as big as the stock market which is really, really big. How do you write 55 trillion? Will your calculator take such a number?
Thanks to BasisPoint and Banknote for data.
I don't know.
Interesting, Annette Lawrence, I didn't realize so much wealth was in the stock market.
The most recent Freddie Mac report shows US housing market for SFR valued at about $11.7 Trilion.
Probably the housing market is larger. There are alot more Realtors than bankers.