Zillow just cut their U.S. home price forecast to -1.7% over the next 12 months, and is now forecasting prices to drop in every major city. This is a huge shift in market dynamics and Zillow is now getting increasingly bearish on the housing market.
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Zillow just cut their U.S. home price forecast to -1.7% over the next 12 months, and is now forecasting prices to drop in every major city. This is a huge shift in market dynamics and Zillow is now getting increasingly bearish on the housing market.