Zillow Home Value and Sales Forecast: March 2023
Recent home price resilience has resulted in Zillow's latest home value forecast being revised up slightly compared to last month. The national Zillow Home Value Index (ZHVI), which rose 4.4% in the 12 months ending in February, is expected to rise 0.6% over the next 12 months.
Expert panel expects home prices will grow at a steady pace starting in 2024
Economists surveyed by Zillow predict home-price slide will end this year
Mortgage rates increased for the fourth consecutive week as inflation expectations shift
Mortgage rates increased again this week as investors continue to reprice inflation and interest rate risk.
Mortgage rates continued to rise as investors weigh inflation risk and future rate hikes
Mortgage rates increased for the third straight week, eroding much of the progress made on the housing affordability front over the past few months.
Mortgage rates continued to rise sharply over strong January economic data
After rising sharply last week, mortgage rates continued to increase this week, erasing some of the progress made on the housing affordability front in the past few months.
Mortgage rates rose sharply over the past week on labor market strength and a more hawkish Fed
After falling slightly last week, mortgage rates rose sharply this week, erasing some of the progress made on the housing affordability front in the past few months.
Slowing economy pushes mortgage rates down
Mortgage rates fell this week, resuming a downward trend and erasing most of last week’s increase.
Mortgage Rates Edge Slightly Higher as Investors Weigh Recession Risks
Mortgage rates ticked up this week, the first weekly increase of the year, as the market jockeys for position ahead of next week’s updates on monetary policy and the labor market.
