Home | Newsletter | Advertise
loading...

22% in 2022: Zillow Expects Home Value Growth to Peak in May

  • March 18th 2022

by Nena Perry-Brown

✉️ Want to forward this article? Click here.

Zillow doesn't see home prices in the U.S. peaking until a couple months from now. 

Last month, the home listing and research company revised its home value growth forecast, anticipating that nationwide values would increase by 16.4% rather than 11% over the year ending December 2022. Now, its is revisiting its forecast with an even more ambitious outlook.

Per Zillow's February home value forecast, home values will continue to accelerate through the spring, rising by 22% by the end of May. Home value growth will slow afterward, ending February 2023 at an annual increase of 17.8%. 

Zillow's latest forecasts for seasonally-adjusted annual rate of existing home sales and home value index. Click to enlarge.

Overall, Zillow expects that nearly 6.42 million existing homes will sell in 2022, a 4.8% increase over the number of homes sold last year. Sales in March are expected to maintain the same pace as was observed in February, however.

Thumbnail image of home on the market on Capitol Hill, courtesy of HomeVisit.

See other articles related to: existing home sales, home values, zillow

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/20-in-2022-zillow-expects-home-value-growth-to-peak-in-may/19408.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse