Zillow Market Pulse: January 22, 2021
December existing home sales, home value growth and home construction activity all exceeded expectations and capped off an extraordinary year in housing.
December Existing Home Sales: Why 2020 will go Down as the Best Year in a Generation
One last unexpectedly strong monthly gain in sales in December will ensure that 2020 will go down as the best year for existing home sales since 2006.
Home Value Growth Breaks New Records in Face of Unrelenting Demand (December 2020 Market Report)
Home values in Q4 rose 3.2% over the previous quarter, the largest quarterly increase since at least 1996 (when Zillow records begin).
December Housing Starts: Capping Off an Extraordinary Year
2020 will go down, quite unexpectedly, as one of the best years for home builders in recent memory and proof that great challenges can be overcome.
Mortgage Rates Fall as Pandemic Uncertainty Continues
After months of barely budging, rates rose significantly in early January at their strongest pace since the spring but that upward momentum has since dissipated.
Austin Expected to be Nation’s Hottest Housing Market in 2021, Leading a Sunbelt Surge
Austin and a lineup of sunny, affordable metro areas are most likely to outperform the nation in home value growth in 2021, according to experts.
Zillow Market Pulse: January 15, 2021
The Fed will keep aggressively supporting the economy, mortgage rates are up but their rise is slowing and COVID continues to batter the economy.
Mortgage Rates Continue to Drift Higher, but will the Trend Hold?
The path forward for mortgage rates will be dictated by our ability to contain and treat COVID-19, as well as improvement in the labor markets.
Despite New Aid, 3M+ U.S. Renters Facing COVID-19 Unemployment Bear Extreme Housing Cost Burdens
Even with additional assistance, renters reliant on unemployment insurance income face substantial rent burdens and are worse off now than in the spring.
Still-Employed Renters Realized Modest Gains in Affordability through Pandemic
Rents got modestly more affordable over the past few years for those renters that held on to their jobs throughout the ongoing pandemic.
