WSJ.com - Booming Local Housing Markets Weigh Heavily on Overall Sector

WSJ.com - Booming Local Housing Markets Weigh Heavily on Overall Sector: "The biggest markets

Booming northeast and California housing markets dominate national real-estate value
Area
(Bolding indicates boom market) Estimated Value
(in billions) Share of U.S. Market* Share of U.S. Population
Los Angeles-Long Beach CA PMSA $1,171.4 6.8% 3.4%
New York NY PMSA 1,145.7 6.6% 3.2%
Boston MA-NH PMSA 720.9 4.2% 2.1%
"