Market Reports
Home values slipped 0.2% in December, a repeat of November’s modest decline, leaving the typical home value at $356,819, or 0.7% below the peak set in June, according to the Zillow Home Value Index.
Rents slide for third month in a row to close out 2022 (December 2022 Rental Report)
Asking rents fell 0.3% from November to December, another large decline following the largest one-month drop in the seven-year history of the Zillow Observed Rent Index.