Zillow Home Values Flat in September: Sun Belt Slide, Northeast Surge Split the Market
Zillow's home value index for September landed at $366,157, up just 0.1% from August and 1.2% from a year earlier. That near-flat national line is the quiet headline of the week, and it is the right number to start with because the market is no longer moving as one. Strip away the monthly rounding and the country is splitting in two: a Sun Belt that is actively losing value and a Northeast and Midwest that keep grinding higher.
Key Takeaways Zillow's national home value index was $366,157 in September, up 0.1% month over month and 1.2% year over year. Austin fell 4.3% year over year, the sharpest slide among major metros, while Phoenix, Denver, Seattle and Dallas each posted annual declines.…
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