Zillow Home Value Index Methodology, 2019 Revision: What’s Changed & Why
The Zillow Home Value Index is Zillow's flagship measure of the typical home value and appreciation. It offers many advantages over other housing indices.
Annual U.S. home value growth in December was a bit faster than a year ago. But year-over-year growth was slower in 19 of the 35 largest local markets.
Low housing inventory, a major contributor to a runup in home prices in recent years, has risen for three consecutive months – but it is climbing at a slow rate, more akin to bumping along the bottom than growing in any meaningful way.
Inventory Climbs Meaningfully for the First Time in Almost Four Years (October 2018 Market Report)
Prospective home buyers can give thanks this season for a rare increase in inventory: The number of homes for sale in October rose 3 percent, the first year-over-year gain of more than 1 percent since December 2014.
Home-Value Growth Slowing in Several Hot Markets (July 2018 Market Report)
The median U.S. home value climbed 8 percent over the last year to $218,000, but growth is slowing in 20 of the 35 largest U.S. housing markets, with Seattle and Tampa, Fla., reporting the greatest slowdowns.
Total Value of All U.S. Homes: $31.8 Trillion. How Big Is That?
It's more than 1.5 times the Gross Domestic Product of the United States and approaching three times that of China. Total U.S. home values have grown $1.95 trillion over the past year -- more than all of Canada's GDP or two companies the size of Apple.
Rent Growth Catches Up to Income Gains After Slowdown (November 2017 Market Report)
For the almost two years leading up to and including May 2016, rents grew faster than incomes, at times more than three times as fast. Then incomes outpaced rents for more than a year. Now rent growth is catching back up.
