Summer Kicks Off With an Unseasonably Cool Rental Market
Rental concessions hold steady at 35% – the highest level on record for June
Zillow: CPI Shelter Forecast, June 2025
Zillow forecasts that rent growth measured by the Consumer Price Index will remain somewhat elevated for now, softening towards the end of 2025.
The National Housing Deficit Grew by 159,000 Homes in 2023, Reaching 4.7 Million
The pandemic homebuilding surge was not enough to make up lost ground
Saying Yes to Pets Helps Landlords Find a Tenant Faster
Most renters now have a pet, and new Zillow data shows pet-friendly listings are typically leased more than a week sooner
Buyers Need a $17,000 Raise to Afford a Typical Home
Median earners can now afford the typical home in only 11 major markets, down from 39 markets five years ago
May 2025 Existing Home Sales Firmer Than Expected, Despite Economic Uncertainty
Existing home sales surprised on the upside, managing to eke out small gains compared to last month. This was despite heightened economic uncertainty in April — when homes sold in May went under contract.
Uncertainty Keeps The Fed On Hold. Treasury Yields Moved Higher On the News.
The Federal Reserve surprised nobody by keeping interest rates unchanged.
