Zillow Research
Housing market insights, data, and forecasting from Zillow’s economists.
Rents up, Existing Home Sales Down, The Housing Recovery is Back on Pause for the Remainder of 2026 (September 2026 Forecast)
Zillow’s existing home sales forecast points to a 3.5% decline in the fourth quarter, though sales are still expected to finish the year up 1.2%.
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Insights
Snackable Facts
For every one Zillow listing, there are an average five-and-a-half shoppers
For every one Zillow listing, there are an average five-and-a-half shoppers. This number jumps to thirteen in some Northwest and West Coast markets.
Even at current mortgage rates, the median income household can afford a home in only 12 major markets
While we expect rates to continue to moderate, they’ll likely remain above 6% in the coming year.
58% of recent renters considered buying
58% of recent renters considered buying. Down payment, credit, and product design trends help them figure out how to make the math work—with tools like Buyability.
Forecasts
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