“even though Zillow economists expect National home prices to rise 6.3% over the coming year their forecast model predicts that 48 of the nation's 200 largest housing markets will see an increase of 7% or greater over the next 12 months”Graham Stephan, relaying Zillow: House prices will rise to 6.3%
Said on Aug 16, 2023, at 3:37 in the video.
The window it was checked over
This series is not charted here until its publisher's terms for reusing it are confirmed. Each verdict still cites the figures it was judged on.
S&P Cotality Case-Shiller U.S. National Home Price Index: S&P Dow Jones Indices via FRED
Result at every window
All windows are shown, so none is pickedAttributed to Zillow — not scored
What was said around it
only going higher and today their expectations have largely proven to be correct from their perspective a lack of new development combined with higher interest rates has severely limited the amount of new inventory coming on the market resulting in a huge decline of availability for buyers to choose from and a sales volume that has not been this low since 2009 because of that they're quite bullish on the direction of future prices and they think it's only up from here for instance even though Zillow economists expect National home prices to rise 6.3% over the coming year their forecast model predicts that 48 of the nation's 200 largest housing markets will see an increase of 7% or greater over the next 12 months the reasoning for this is simple the locations that they believe will be doing the best all have the lowest inventory and have seen less of a CO Bull Run when compared to other areas like Boise and Austin of course if you're curious which locations they expect to see the biggest increases here's the chart with places like Baton Rouge Anchorage St Louis abiso and Atlanta all coming in at the top positions now I do have to say that I also found it remarkable that Zillow is not the
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