Zillow just revised down their 2025 housing market forecast to 0.6% price growth on a national basis, down from 2.9% earlier this year. The result is that Zillow is now forecasting home price declines in 250 cities across America, a clear sign of a slowing housing market.
The areas in the U.S. where home prices are most likely to drop according to Reventure’ forecast model are Texas, Florida, Colorado, Arizona, and Utah. Housing inventory in these states has skyrocketed, and price cuts are rising.