New forecast sees home sales peak this fall

By Zillow

After a remarkably hot summer, home sales are expected to peak this fall then taper off in 2021 while staying above pre-pandemic levels, according to a forecast by Zillow’s team of economists in this week’s Market Report1.

Key market stats from the week ending Sept. 19 show depleted inventory levels plumbing new depths and prices skyrocketing over 2019 figures.

FORECAST: Housing market outlook improves, with major unknowns tempering expectations

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