Comparing Real Estate to GDP and Stock Ownership

Prior to the housing crash in 2006, real estate in the U.S. was 322% the size of GDP. Even at the depths of the crash, real estate was still more than 200% the size of GDP. As of Q2, it stood at 318% of GDP.



For the first time in a couple years, households’ real estate equity actually surpassed stock ownership.



For interactive visualizations of the charts above with further detail on the real estate market, see our recent Flow of Funds Update.