Zillow released its October Real Estate Market Reports November 20 finding that trends have shifted and reversed from the first quarter of the year.

Across the country, rent appreciation is slowing down as new apartment buildings are completed and becoming available. However, incomes are not keeping pace, which may push qualified renters to look to homeownership.

National highlights:

  • Rents rose 4.5 percent year-over-year in October, which represents a 5.3 percent decrease annually in September.
  • Rental appreciation peaked at 6.6 percent in July.
  • Home values rose annually 4.3 percent to $182,800 in October.

Houston Metro Highlights:

  • The Zillow Rent Index rose 6.4 percent over the past year to $1,574.
  • Last month, the Zillow Rent Index rose 6.9 percent.
  • The Zillow Home Value Index is $168,500, up 8.6 percent over the past year.
Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Real estate news and analysis that gives you the inside track. Subscribe to Inman Select for 50% off.SUBSCRIBE NOW×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription