Case-Shiller Slowdown Forecasted to Continue


The Case-Shiller data for June 2014 came out this morning, and based on this information and the July...

Read More

June Case-Shiller: As Expected, Slowdown Continues


Today, the S&P/Case-Shiller Home Price Indices showed that the non-seasonally adjusted (NSA) June...

Read More

Negative Equity Causing Housing Gridlock, Even as it Slowly Recedes


The U.S. negative equity rate fell to 17 percent of all homeowners with a mortgage in the second quarter,...

Read More

Despite Rising Home Values, Affordability Remains Largely Intact for Buyers


Zillow’s July Real Estate Market Reports show that national home values rose 0.2 percent in July 2014...

Read More

Recent Posts and Data

Case-Shiller Slowdown Forecasted to Continue
August 26, 2014

The Case-Shiller data for June 2014 came out this morning, and based on this information and the July 2014 Zillow Home Value Index (ZHVI, released August 21), we predict that next month’s Case-Shiller data (July 2014) will show that the non-seasonally adjusted (NSA) 20-City Composite Home Price Index increased by 7.0 percent and the NSA 10-City Composite […]

June Case-Shiller: As Expected, Slowdown Continues
August 26, 2014

Today, the S&P/Case-Shiller Home Price Indices showed that the non-seasonally adjusted (NSA) June 10- and 20-City Composites each rose 8.1 percent on a year-over-year basis, in line with Zillow’s forecast released last month. On a seasonally adjusted (SA) monthly basis, the 10- and 20-City Composites fell -0.1 percent and -0.2 percent, respectively, from May to […]

Negative Equity Causing Housing Gridlock, Even as it Slowly Recedes
August 25, 2014

The U.S. negative equity rate fell to 17 percent of all homeowners with a mortgage in the second quarter, representing 8.7 million homeowners. Negative equity is expected to fall to 14.9 percent by the second quarter of 2015. The “effective” negative equity rate, including those homeowners with 20 percent or less equity in their homes, […]

Despite Rising Home Values, Affordability Remains Largely Intact for Buyers
August 20, 2014

Zillow’s July Real Estate Market Reports show that national home values rose 0.2 percent in July 2014 from June 2014 to $174,800 (Figure 1). On a year-over-year basis, home values were up 6.5 percent (Figure 2) from July 2013. The last time national home values were at this level was in March 2005. Rents were […]

Existing Home Sales to Rise in July
August 19, 2014

We expect existing home sales to increase to between 5.10 million and 5.17 million units (SAAR) in July. This would represent an increase between 1.2 percent and 2.6 percent month-over-month. The change is driven primarily by continued market support from flat interest rates and modestly improving family incomes. On Thursday, the National Association of Realtors […]

Inventory Remains Low, Concentrated in Upper Value Tier
August 18, 2014

In recent years, inventory has fallen to historically low levels, reaching a national seasonally adjusted low of 1.28 million homes for sale down from 1.97 million homes in April 2011 – a 53.2% drop. Much of this drop can be attributed high levels of negative equity, locking homeowners into their homes. While inventory has rebounded […]

More Briefs »