【Zillow】Zillow Home Value and Home Sales Forecast (December 2025)

• According to Zillow’s latest forecast, home value growth is expected to be modest. Zillow expects home values to rise 1.7% in 2026 amid soft demand and accumulating inventory.
• According to Zillow’s forecast, existing home sales are projected to reach 4.1 million in 2025, up 0.8% from 2024. A more meaningful increase to 4.3 million is expected in 2026 as lower mortgage rates help unlock demand.
• Zillow’s forecast calls for single-family rents to end 2026 up 1.6% year over year, down from the projected 2.8% increase in December 2025. Multifamily rents are expected to end 2026 down 1% year over year, down from 1.4% projected growth at the end of 2025, as high vacancies and new supply weigh on rent growth.

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