Zillow and Moody's Clash on Home Price Predictions for Top 400 Markets.
Zillow and Moody's Analytics have issued contrasting forecasts for the US housing market. Zillow expects US home values to rise 0.5% between January 2023 and January 2024, with 238 of the 400 largest housing markets expected to see positive growth. Moody's Analytics, however, expects US home prices to fall 4.2% between December 2022 and December 2023, with 98% of major markets expected to post a home price decline over the coming year. Moody's expects home prices to continue falling as they are too far detached from underlying fundamentals like incomes.