Price growth will pick back up in 2024 and hit a rate of 3.5 percent annual growth every year through 2027, according to a panel of housing experts surveyed by Zillow and Pulsenomics
From a panel of 107 experts surveyed by Zillow, a majority agreed that rising mortgage rates are driving down competition among buyers, which will eventually result in a buyers' market
More than 100 housing experts surveyed by Zillow generally agreed that housing prices won't face a big downturn. But a mild recession may be in play later this year or in 2023, they believe
While 38% of experts polled by Zillow believe 2024 will be the year inventory returns to 2019 levels, 36% pegged 2023 as the year. The remainder believe we'll have to wait until 2025
After forecasting housing price declines of approximately 0.3% this year, experts have adjusted those predictions this quarter to reflect an increase in prices by 3.7%
Economists expect Generation Z buyers to exceed millennial homeownership rates by 2035
It won't be a buyer's market until 2020, but home price growth has slowed in more than half of the nation's largest metros, according to the study