Market Data + Trends Zillow Lowers Its Home Value and Sales Forecast for 2022 Home values and home sales are slowing as mortgage rates climb higher, but that doesn't mean the housing market is losing all of its steam
Affordability Asking Rents Continued to Rise in April, But at a Slower Pace An overheated rental market may finally be cooling down, but prices remain at record highs in most major metros
Builders Builder Confidence Drops as Interest Rates Climb Higher Builders are feeling the pressure of rising mortgage rates coupled with surging prices for building materials
New-Home Sales Investors Are Taking Over Southern Housing Markets Investors account for over a quarter of all home purchases in some popular housing markets, and first-time buyers can't compete
Housing Markets Buyers Are Returning to Cities as Prices for Suburban Homes Rise to New Highs Suburban housing markets are seeing high demand and rapidly rising prices, forcing some buyers to return to nearby metros
Market Data + Trends Buyers Who Signed Contracts a Year Ago Can’t Keep Up With Rising Borrowing Costs Many buyers who signed contracts for newly constructed homes during the pandemic are second-guessing their decisions amid soaring interest rates
Housing Markets Affordable Starter Homes Are Becoming Harder to Find The majority of housing markets lack starter homes under $150,000, and some pricey metros have none available at all
Build to Rent What's Fueling a Red-Hot Rental Market? Apartments are in high demand across the U.S. as unsuccessful homebuyers flood the rental market in record numbers
Market Data + Trends 2022 Homebuyers Are Better Protected Than House Hunters During 2008 Bubble Today's homebuyers are backed by high credit scores and more disposable income, and few are dependent on risky adjustable-rate mortgages which led to the 2008 bubble and subsequent bust
Market Data + Trends Weekly Inventory Up Year-Over-Year for the First Time Since 2019 Housing inventory is slowly climbing as buyer demand, home sales slow due to mortgage rate hikes
