Zillow: Housing recovery slows to steadier pace

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.

Home-price gains across the country eased a bit in June, spurring concerns that rising mortgage rates are slowing the recovery. "Overall, the report shows that housing prices are rising, but the.

After a somewhat slow first quarter, the national housing recovery took the pace up a few notches in Q2, ""Zillow"":http://www./ reported.

The housing market in Seattle and other major U.S. cities has been racing ahead on full throttle in recent months, but experts say the price growth should soon slow to a more normal pace.

In February, home values rose 4.3 percent year-over-year to a Zillow Home Value Index of $184,600. Median home values in more than a quarter of the nation’s metro housing markets are currently, or were recently (within the last year), at peak and as high as they’ve ever been, according to the February Zillow Real Estate Market Report.

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The years of economic recovery following the recession. “Looking at the nation as a whole, housing appreciation seems stabilized at an arguably aggressive pace,” Skylar Olsen, Zillow’s director of.

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A survey of 110 economists, real estate experts, investment and market strategists predict future home values will instead post appreciation that is closer to pre-bubble norms of 3%-5% per year, according to the Zillow Home Price Expectations Survey. On average, they predict national home price growth of 4.5% through the fourth quarter of 2014.

There’s about to be a shift in who dominates the US housing market – The balance of power in the US housing market will shift from sellers to buyers by 2019, according to experts surveyed by Zillow. The number of prospective homebuyers grew through the economic.

Zillow is projecting the rate of appreciation to continue to slow, as home values are forecasted to grow at 3% through the third quarter of 2015. This is roughly half the current pace. The home price appreciation decline is beneficial to homebuyers who were priced out of hot markets.

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