June Case-Shiller Forecast: Rare Monthly Declines Expected
We predict the slowdown of growth in Case-Shiller's three home-price indices to continue into June.
News
Q1 2017 Negative Equity: Slow Progress Beats No Progress
Slightly more than 5 million homeowners with a mortgage are in negative equity, down from a high of more 15.7 million in early 2012.
May Case-Shiller Forecast: Expect the Cooldown to Continue
On the heels of a larger-than-expected slowdown in April, Zillow anticipates Case-Shiller data to show a continued cooling in home price growth in May almost across the board, with prices even falling slightly from April in one key index.
May 2017 Market Report: Inventory Falls at Fastest Pace in Years
As the national median home value approaches $200,000, the number of homes hitting the market drops at its fastest pace in almost four years.
April Case-Shiller Forecast: Tapping on the Brakes
Home prices will finally catch a break in April, when Zillow’s April Case-Shiller forecast expects growth of 5.6 percent in the national index, slightly slower than its 5.8 percent year-over-year climb in March.
April Existing Home Sales: Slow Burn
Existing home sales seemed to defy gravity in recent months, but historically tight inventory is finally catching up with the market and is now very clearly weighing on sales.
March Case-Shiller Forecast: The Home Price Party Rages On
The national Case-Shiller index is projected to climb 5.9 percent year-over-year in March, following a 5.8 percent gain in February.
March Home Sales Forecast: Blame It on the Cold
Our forecast suggests a year-over-year new home sales growth of 5.7 percent in March – the slowest pace of annual growth in new home sales since early 2014 (the weather-related drop in December 2016 aside). However, if recent trends continue, the year-over-year growth rate of new home sales could slow to 0.6 percent in May.
December Case-Shiller Forecast: Monthly Growth Expected to Cool, Annual Acceleration to Continue
Seasonally adjusted monthly growth in the S&P Corelogic Case-Shiller home price indices is expected to cool off from its currently torrid pace in December, while annual growth continues to accelerate, according to Zillow’s December Case-Shiller forecast.
November Case-Shiller: Defying Expectations, Home Price Growth Continues to Speed Up
National home price growth accelerated in November, exceeding expectations, as robust home buyer demand and inadequate supply of homes for sale continued to drive the market up, according to the November S&P Corelogic Case-Shiller indices.
