The U.S. Has Lost 58 ‘Million-Dollar’ Cities Since the Housing Market Peaked Last July
The rebalancing of the housing market has been felt the most in areas where affordability is stretched
Market Trends
Expert panel expects home prices will grow at a steady pace starting in 2024
Economists surveyed by Zillow predict home-price slide will end this year
The backlog of new construction homes continues to emerge into the market just in time for the spring shopping season.
Black Owned Home Values Appreciated the Fastest During the Pandemic
Black Americans’ housing wealth has made strides, but remains well below that of the typical U.S. household
Mortgage rates continued to rise as investors weigh inflation risk and future rate hikes
Mortgage rates increased for the third straight week, eroding much of the progress made on the housing affordability front over the past few months.
January 2023 Existing Home Sales: A Full Year of Slowing Sales
January brought another month of dismal home sales - now declining for twelve straight months and at the lowest level since 2010.
Zillow Home Value Index Methodology, 2023 Revision: What’s Changed?
Zillow’s Home Value Index: Built on the Database of All Homes with the real time adaptive power of neural net technology
Homes You Can Afford for $3,000 Lose A Bedroom As Mortgage Rates Increase
Home size per dollar still largest in Memphis and the Midwest, despite declines driven by mortgage rates.
Mortgage rates rose sharply over the past week on labor market strength and a more hawkish Fed
After falling slightly last week, mortgage rates rose sharply this week, erasing some of the progress made on the housing affordability front in the past few months.
New Home Sales: New Sales Slipping Further from Peak
The housing market cooled off during the fall and early winter of 2022, and new home sales followed suit with new sales lagging far behind 2021 and setting back closer to pre-pandemic levels.
