146 New U.S. Cities Gained Million-Dollar Status in 2021, the Most Ever in a Single Year
There are now 481 cities nationwide in which the typical home value is at least $1 million, and almost half (44%) are in California.
Market Reports
U.S. Housing Market has Doubled in Value since the Great Recession, Gaining $6.9 Trillion in 2021
The total value of private residential real estate in the U.S. grew by a record $6.9 trillion in 2021, to $43.4 trillion – more than double the level from a decade ago.
Zillow’s Open Market Home Price Appreciation Forecasting Methodology
What drives open market house price appreciation? Where will it be in a month or in a year? How about seasonal effects? Why do otherwise similar homes in some markets appreciate at different rates than in other areas?
Inventory Down 40% from Pre-Covid Level as Price Growth Intensifies (December 2021 Market Report)
There were fewer options for would-be home buyers on the market at the end of 2021 than any time in recent memory.
Experts Split on Sales Impact from Potential Affordability Woes vs. Inventory Gains
Housing experts are evenly divided on whether sales will rise or fall in 2022, weighing inventory growth against worsening affordability.
Why Tampa will be 2022’s Hottest Market
2022's hottest markets all boast strong forecasted home value growth, solid economic fundamentals, fast-moving inventory and plentiful likely buyers.
November Existing Home Sales: Ending Where They Started
November existing home sales rose 1.9% from October, to 6.46 million (SAAR), according to the National Association of Realtors.
South Lake Tahoe was Zillow’s Most Popular Place in 2021
South Lake Tahoe is Zillow’s most popular city of 2021, leading a West Coast near sweep of the most in-demand places of the year.
Stage Set for Unseasonably Warm Winter Housing Market (November 2021 Market Report)
Home value growth is trending up in most large markets while inventory is trending down, suggesting a more competitive market is in the cards this winter.
November Housing Starts: Rebounding Nicely
Housing starts rebounded nicely in November after tumbling in three of the previous four months, recording the largest monthly increase since March.
