Zillow: Housing recovery slows to steadier pace

Home values saw the largest quarterly gain in the third quarter since 2006, but the increase was not seen across the board according to the latest data tracked by housing hub Zillow. Recent reports.

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The lackluster housing market has plagued homeowners over the past few years. In 2013, it started to head down the road to recovery, finally showing signs of life. That same trend will continue in.

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New housing numbers from Zillow is poised to slow as real estate becomes less affordable. The housing recovery “is entering the middle innings after an incredible run in 2013,” Stan Humphries, chief economist at property-website.

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Annual home value growth slowed in more than half of the nation’s largest housing markets since this time last year, according to the December Zillow Real Estate Market Report. Seattle and San Jose, Calif., saw the biggest declines in appreciation over the past year. In December 2017, home values in Seattle were growing at a 12.4% annual pace.

However, in some local markets, home values continue to rise at a rapid pace. According to Zillow, five markets it covers saw a year-over-year appreciation of more than 20%: Phoenix (up 24%), Las.

The quarterly survey, sponsored by Zillow® and conducted by. with high unemployment rates and slow wage growth. The Great Recession is still being felt after several years of recovery. Even as some.

Researchers predict canadian home price gains will grind to a halt in the coming years – and when values do get on the road to recovery, the pace of growth won’t be anything like the last price runup. Moody’s Analytics forecasts a "slower, steadier" Canadian housing market in its latest analysis, published this month.