Inventory Finally Rebounds as Appreciation, Rent Growth Break Records (May 2021 Market Report)
The inventory crunch showed early signs of easing in May, with for-sale inventory up 3.9% over April -- the first monthly gain since July 2020.
Inventory Finally Rebounds as Appreciation, Rent Growth Break Records (May 2021 Market Report)
The inventory crunch showed early signs of easing in May, with for-sale inventory up 3.9% over April -- the first monthly gain since July 2020.
The Need for Speed: Almost Half of U.S. Homes Sell in less than a Week
In April, 47% of U.S. homes were on the market for less than a week before going pending. More than three quarters were on the market less than a month.
Housing Gains Could Increase Black Wealth More than Half a Trillion Dollars by 2031
Almost half of the existing $3 trillion Black-white wealth gap can be attributed to housing disparities, but modest changes could help shrink it.
Inventory Shows Signs of A Rebound, Just in Time for Spring (March 2021 Market Report)
Inventory remains way down, but signs are emerging that the nation’s ongoing housing squeeze may be starting to ease somewhat.
How a Faster Market Enabled More Home Sales in 2020, Despite Falling Inventory
A faster-moving market enabled sales to grow even as inventory fell, a trend that could reset traditional understandings of “normal” inventory levels.
The Math Behind Rising Sales, Falling Inventory and Faster Market Velocity
The number of homes available to buy, the number of home sales that happen and the amount of time homes spend on the market are all interconnected.
The U.S. Housing Market Gained More Value in 2020 than in any Year Since 2005
The combined value of all homes nationwide rose by almost $2.5 trillion in 2020 -- the most in a single year since 2005 -- to a whopping $36.2 trillion.
Home Value Disparities Between Races Are Shrinking, but Remain Very Wide
The typical home owned by Black and Latinx homeowners is 16.2% and 10.2% less valuable, respectively, than the typical U.S. home overall.
Methodology: Zillow Home Value Index by Race
This metric uses small area census owner-occupied housing unit estimates by race to draw conclusions about race-specific housing market performance.
Working From Home Could More Widely Benefit Black Renters Seeking Homeownership
Black renters are 29% more likely than other renters to potentially be able to move and buy a first home because of the rise in telework.