Real Estate Market Reports

Real Estate Market Reports  |  Negative Equity  |  Zillow Home Price Expectations Survey  |  Zillow Housing Confidence Index  |  Breakeven Horizon  |  Affordability Research

The Zillow Real Estate Market Reports are a monthly overview of the national and local real estate markets. The reports are compiled by Zillow Real Estate Research and are released on a monthly and quarterly basis 2-3 weeks after the close of the period. The report includes forecasting, foreclosures, home value changes and rents. For more information, visit

The data in Zillow's Real Estate Market Reports is aggregated from public sources by a number of data providers for 930 metropolitan and micropolitan areas dating back to 1996. Mortgage and home loan data is typically recorded in each county and publicly available through a county recorder's office. All current monthly data at the national, state, metro, city, ZIP code and neighborhood level can be accessed at  

To download the comprehensive research brief, visit 

Highlights (July 2014)

  • Homes remain more affordable to buy in 94 of country’s 100 largest metros compared to historic averages. But renting is more expensive than ever in 88 of the country’s 100 largest markets.
  • The Zillow Home Value Index rose to $174,800 in July, up 0.2 percent from June 2014 and 6.5 percent from June 2013.
  • After three months of flat or negative monthly growth, national rents rose 0.6 percent in July from June, to a Zillow Rent Index of $1,318.

Past Reports: