Zillow just downgraded its home price forecast across over 400 housing markets-see the map
Briefly

Zillow just downgraded its home price forecast across over 400 housing markets-see the map
"Zillow's latest 12-month outlook expects national home prices to remain near a subdued pace, projecting a 0.0% change between March 2026 and March 2027, down from 0.5%."
"As long as national home price growth remains below U.S. income growth, underlying fundamentals should continue to improve, smoothing out the overheating from the Pandemic Housing Boom."
"Zillow forecasts a soft national housing market in 2026, where national housing affordability may improve slightly as U.S. income growth outpaces U.S. home price growth."
Zillow's updated forecast indicates U.S. home prices will shift by 0.0% between March 2026 and March 2027, a downward revision from the previous 0.5%. Currently, home prices are up 0.8% year-over-year. As U.S. income growth outpaces home price growth, housing affordability is expected to improve gradually. The forecast suggests a soft national housing market in 2026, with the largest price increases anticipated in specific metro areas, including Syracuse, NY, and Rockford, IL.
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