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.
Independent thinking for complex markets and current events
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.