Find Out Next Month’s Case-Shiller Numbers Today


The August S&P/Case-Shiller (SPCS) data out this morning showed more slowing in the housing market...

Read More

As Expected, Case-Shiller Shows Slowdown in August


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

Read More

Home Sales Flat For Now, But Things Could Be Looking Up


New and existing home sales in September rose 0.8 percent month-over-month, to a seasonally adjusted...

Read More

Market Continues its March to Normalcy in Q3, as Rapid Growth Fades


After almost two full years of accelerating annual home value appreciation, the housing market has definitively...

Read More

Recent Posts and Data

Find Out Next Month’s Case-Shiller Numbers Today
October 28, 2014

The August S&P/Case-Shiller (SPCS) data out this morning showed more slowing in the housing market with the annual change in the 20-city index falling 1.1 percentage points to 5.6 percent. The national index was up 5.1 percent on an annual basis in August. Our current forecast for SPCS next month indicates further slowing with the […]

As Expected, Case-Shiller Shows Slowdown in August
October 28, 2014

Today, the S&P/Case-Shiller Home Price Indices showed that the non-seasonally adjusted (NSA) August 10- and 20-City Composites rose 5.5 and 5.6 percent, respectively 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 0.2 and 0.1 percent, respectively, from July […]

Home Sales Flat For Now, But Things Could Be Looking Up
October 24, 2014

New and existing home sales in September rose 0.8 percent month-over-month, to a seasonally adjusted value of 334,093. Sales growth was essentially flat year-over-year, falling just 0.2 percent. September’s numbers represent a sales level only 2.6 percent off the non-tax-incentive-driven, post-recession peak in August 2013. Confidence among millennial renters, strong job growth, an increasingly distant […]

Market Continues its March to Normalcy in Q3, as Rapid Growth Fades
October 22, 2014

After almost two full years of accelerating annual home value appreciation, the housing market has definitively turned a corner, leaving behind the rapid appreciation of the immediate post-bottom recovery phase and entering a slow glide path down to more normal, sustainable levels. Beginning in August 2012, home values grew at a faster annual pace than […]

New Home Sales Expected to Fall in September
October 22, 2014

We expect new home sales to fall to about 488,000 units (SAAR) in September, down 3.1 percent from August. Sales likely retreated from their near-record increase in August. Rising new home prices have also held back sales. We estimate that the median sales price of new home was between $279,000 and $282,000 in September. After […]

The Assumptions Underlying the Sept. 2014 New Home Sales Forecast
October 22, 2014

Based on our historical model of new home sales, Zillow expects sales of new, single-family homes to fall by 3.1 percent to a seasonally adjusted annual rate (SAAR) of 488,000 units in September. Our structural model suggests a slightly smaller decline, down 1.8 percent to 495,000 units (SAAR). (For the differences between the models, see […]

More Briefs »