the panel foresees price growth picking back up, at an average clip of 3.5% per year through 2027 – the same rate that prices grew in the relatively stable period from 1987-1999.
Markets with the tightest inventory have some of the fastest rising home values. Over the past two years, Portland has seen an almost 40 percent decrease in the number of homes for sale, with home values up 15 percent over the past 12 months.
Zillow is forecasting a decrease in the rate of rental appreciation amid a rental affordability crisis that has renters in some markets spending almost half of their income on rent. Some of the fastest growing metros had double-digit annual rental ...
The online home and real estate website Zillow is expecting home values across the U.S. to rise about 3 percent next year, and has made additional predictions for 2014. The company also offers its advice on which housing markets will likely be the hottest this coming year.