Apartment asking rents climbed by $12, or 0.6%, from May to June, reported Zillow, Seattle.
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Apartment Asking Rents Climbing at Slightly Subdued Pace
Zillow, Seattle, reported apartment asking rents climbed by 0.6%, or $12, from March to April, bringing the Zillow Observed Rent Index to $2,018.
Zillow: Housing Market ‘Firmly in Sellers’ Favor’ Amid Rising Demand, Low Supply
Zillow, Seattle, said housing market has tilted firmly back in favor of sellers, as steady demand met scarce inventory to drive up home values.
Zillow: Rents Climb Modestly in March, Continuing Their Soft Landing
Apartment asking rents climbed 0.5%, or $9, from February to March, reported Zillow, Seattle.
Zillow: Buyers in The Game, But Interest Rates Keep Sellers on the Bench
Zillow, Seattle, said mortgage rates–both their high levels and their wild swings–are making life difficult for both buyers and sellers.
Zillow: Analysts Expect Home Prices to Grow Steadily Starting in 2024
Zillow, Seattle, said home prices nationally should bottom out in 2023, then return to a more normal growth rate.
Seasonal Cooling, Cost Strains Bring Housing Market Closer to Normal
Zillow, Seattle, said the housing market continued its return to earth in December as affordability challenges kept demand in check.
Home Buyers See Signs of Affordability Relief
Zillow, Seattle, said U.S. home values are easing down, starting to provide relief for potential home buyers facing affordability challenges.
Housing Market Roundup Oct. 20, 2022
Here’s a summary of housing market reports that came across the MBA NewsLink desk this week:
Buyers Gaining Time, Options as Competition Eases
House shoppers are finding more options to choose from, more time to make decisions and even price cuts in some areas, according to Zillow, Seattle.