Zillow analyst names culprit of flat home sales, high housing prices
Zillow's latest report shows modest gains in home sales and lower mortgage costs, yet sold-home prices and rents continue to climb.
A new Zillow report finds home sales are increasing slightly across the nation and mortgage costs are dropping. Despite those shifts, both the price of sold homes and the cost of rent continue to rise, highlighting ongoing housing affordability pressures noted by Zillow analysts.