Chilling Labor Market Drives Mortgage Rates Down
Zillow maintains its expectation that mortgage rates will end the year near the mid-6% range.
Market Trends
June 2025 Existing Home Sales: Affordability Continues to Hamper Buyers
Sales struggled as buyers continue to grapple with affordability challenges.
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
Northeast Buyers Battle It Out While the Sun Belt Cools Off
Zillow reveals the markets where buyers face fierce competition and where deals are easier to score
