Zillow Case-Shiller Forecast: Year-over-year House Price Growth to Increase Significantly in August

The Case-Shiller house price indexes for July were released Tuesday. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close. From Matthew Speakman at Zillow: July Case-Shiller Results and August Forecast: Pushing Decisively Higher Home prices continued to push pandemic-related uncertainties aside and reach new heights into the summer months, as demand for housing outpaced supply.... ... An unprecedented lack of for-sale homes combined with persistently low mortgage rates have stoked a competition for housing in recent months......(read more)

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