July 2020 Market Report and Zillow Weekly Market Report Through August 15
The typical home price rose to $253,527 this July, propelled upward by rock-bottom inventory tallies that continue to plumb new depths.
Renting
Zillow Weekly Market Report: Data Through August 8, 2020
Newly pending sales are up nearly 17% year over year and price growth is accelerating, strong buyer demand has been evident in both urban and suburban areas of the country during the coronavirus pandemic.
Zillow 2020 Urban-Suburban Market Report
In light of the changing work landscape, suburban housing markets have not strengthened at a disproportionately rapid pace compared to urban markets.
Zillow Weekly Market Report: Data Through August 1, 2020
Newly pending sales fall week over week but other markers indicate a strong market with would-be home sellers slow to return despite buyer demand.
In all of the nation’s 50 largest metro areas, block groups that are at least 90% single-family, detached houses are whiter than the metro as a whole.
Missed payments are expected to increase after additional unemployment benefits expired on July 31 causing a ripple effect in the rental industry.
Urban Rent Slowdown May Signal Renters are Edging Toward the Suburbs
Suburban rents have been more resilient than rents in urban areas during the coronavirus pandemic
Zillow Weekly Market Report: Data Through July 25, 2020
Even with a surge of newly pending sales, homes continue to fly off the shelf, staying on market just more than two weeks.
Zillow Weekly Market Report: Data Through July 18, 2020
More homes went under contract last week than the week prior, and the housing market kept up its blistering pace.
Zillow Weekly Market Report (Through July 11) & June 2020 Data Summary
The for-sale market continues to show resilience in the face of the pandemic, but the rental market showed signs of a slowdown last month.
