【Zillow】Home Price Growth Accelerated in March, As Competition Heated Up Over Record-Low New Listings (March 2023 Market Report)

The typical U.S. home value climbed 0.9% from February to March, the strongest growth since last June. The Zillow Home Value Index is 3.0% higher than one year ago and 3.2% lower than its peak last July, which was followed by 6 straight months of declines. This month’s turnaround confirms that market conditions have swung from a slow seller’s market in late 2022 to a typical springtime seller’s market, with remarkable speed.

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