Zillow February 2022-February 2023 Home Value & Sale Forecast
Zillow expects annual home value growth to peaking at 22% in May before gradually slowing to 17.8% by February 2023.
News
Mortgage Rates At Highest Level in Nearly Three Years
Economic data pointed to continuing inflation pressures and tight labor markets. With new supply chain disruptions and higher energy prices, investors are concerned that further inflationary stress may result in additional increases in interest rates.
Mortgage Rates Move Lower as Investors Shift Out of Risky Assets
Markets have been very volatile due to the Russian invasion of Ukraine and investors are shifting out of risky assets – depressed rates, despite concerns over rising prices for goods and services and fast-increasing energy costs that have pushed U.S. gas prices higher.
Mortgage Rates Slightly Up While Market Responds to Ukraine Developments
Mortgage rates slightly up as Russian invasion of Ukraine stems significant increase
Mortgage Rates Flat As Strong Economic Data Offset by Ukraine Uncertainty
Mortgage rates were fairly flat last week. There were no signs of changes in labor markets, as employment figures remain strong.
Mortgage Rates Rise on Increasing Consumer Prices
Consumer price data showed prices increasing at the highest rate since early 1982 push mortgage rates up to over 4%.
Mortgage Rates Continue Rise, Up Half a Percent This Year
Mortgage rates continued to rise last week, and are up more than half a percent so far this year.
Millennial Demand is Driving up Prices in Family-Friendly Neighborhoods
Home values are growing fastest in areas with the highest share of children, a trend expected to continue as millennials age, buy homes and start families.
Mortgage Rates Increase as Fed Expected to Address Inflation
Rates spiked in the middle of last week after the Federal Reserve communicated a willingness to take aggressive measures to address inflation.
Mortgage Rates Down, Markets Wait on FOMC Meeting
Last week was light on economic data and markets awaited the Federal Reserve Federal Open Market Committee (FOMC) meeting results today.
