June 2025 Existing Home Sales: Affordability Continues to Hamper Buyers
Sales struggled as buyers continue to grapple with affordability challenges.
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
