Zillow’s Hot Housing Takes for 2022
Expect the strong sellers market to persist, the Sun Belt to remain highly in-demand and flexible work options to continue to shape housing.
Renting
Housing Market Settling into New Normal (October 2021 Market Report)
All in, the data point to a for-sale market that seems to be adjusting to a new normal after more than a year of norm-busting behavior.
Housing Market Continues to Creep Toward More Balance (September 2021 Market Report)
The Zillow Home Value Index (ZHVI) rose 1.6% from August to September and 18.4% year-over-year, a new record-high pace of annual appreciation, to $308,220.
Where the Rent Burden is Most Unequal Across Racial Communities
The typical black and Latinx renting households are considered housing cost burdened; typical white and Asian renter households are not.
To Afford Rent, Teachers and Nurses Are Living in Smaller, Older Homes
Only a small share of rental homes in many markets are priced low enough to allow teachers & nurses to keep rent burdens low.
Housing Market Expected to Stay Stable as COVID-era Protections End
Only a small share of inventory is expected to come from homeowners foreclosed upon after the expiration of key federal protections.
Housing Market Easing From White Hot to Merely Red Hot (August 2021 Market Report)
Rapid housing cost growth cooled a bit in August, paving the way for a still-strong but potentially more manageable housing market to come.
After Supreme Court Ruling, More Than 3 Million Americans Are Still At-Risk of Eviction
Some 3 million Americans are at risk of eviction, and Zillow estimates there will be about 485,499 eviction filings in the next two months.
Rent Prices Soar Beyond Pre-Pandemic Projections (July 2021 Market Report)
Typical U.S. rent has pushed beyond where they are projected to have been if pre-pandemic trends had held.
The Typical U.S. Renter is Expected to be ‘Housing Cost Burdened’ By the End of 2021
Rent paid as a share of income is forecast to rise beyond 30% by December for the typical U.S. renter, which is considered housing burdened.
