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Established in 1911, Douglas Elliman Real Property is the biggest brokerage within the New York Metropolitan space and the second largest unbiased residential actual estate brokerage within the United States by gross sales volume. Within the 2019 edition of its annual residence-worth analysis, the actual property web site Zillow estimated the entire value of all U.S. homes in 2018 was $33.three trillion, seventy one% greater than the nation’s gross domestic product (GDP) of $19.four trillion at the time.