22% in 2022: Zillow Expects Home Value Growth to Peak in May
✉️ 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%.
story continues below
loading...story continues above

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 https://dc.urbanturf.com/articles/blog/20-in-2022-zillow-expects-home-value-growth-to-peak-in-may/19408.
Most Popular... This Week • Last 30 Days • Ever

Fifteen years later, plans appear to be back in the works for one of Georgetown's mos... read »

Reports over the last week have suggested that a flood of homes hit the market as the... read »

Long-term rates have now fallen incrementally for the last few weeks.... read »

Homes in the works that have price tags as high as $11 million are finding buyers at ... read »

Amazon's return to the office has been messy; why homes are being pulled off the mark... read »
- Fifth Time's A Charm? A 21-Unit Development Is Back On The Table For Georgetown Exxon Site
- The DC Area Is Not Seeing A Surge Of Homes Hit The Market Due To Federal Layoffs
- Mortgage Rates Inch Down For 4th Week In A Row
- Some Of DC's Most Expensive Homes Are Finding Buyers Before They Are Built
- Friday's Must Reads
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
Unique Spaces
Awesome and unusual real estate from across the DC Metro