Zillow Forecasts Housing To Have A “Check Mark” Recovery
News

Zillow Forecasts Housing To Have A “Check Mark” Recovery

May 4, 2020
by
Eric C. Peck

According to a new report from Zillow, buyer demand and healthy housing-market dynamics will prevent U.S. home prices from dropping more than 2.0%-3.0%—or more than 1.7% year over year—in the wake of the coronavirus. Zillow’s findings state that home sales will fall as much as 60% this spring and it will take through the end of 2021 to recover, while prices will fall through the year, but recover a few months sooner.

Read the full Zillow report.

Written by 
Eric C. Peck

Eric C. Peck is senior editor of National Mortgage Professional magazine and editor-in-chief of the National Mortgage Professional Magazine website.

ericp@mortgagenewsnetwork.com
Zillow Forecasts Housing To Have A “Check Mark” Recovery
May 4, 2020 1:39 PM
by
Eric C. Peck
News

According to a new report from Zillow, buyer demand and healthy housing-market dynamics will prevent U.S. home prices from dropping more than 2.0%-3.0%—or more than 1.7% year over year—in the wake of the coronavirus. Zillow’s findings state that home sales will fall as much as 60% this spring and it will take through the end of 2021 to recover, while prices will fall through the year, but recover a few months sooner.

Read the full Zillow report.

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