Consumer Confidence in Housing is Building

A green sign that says " welcome to optimism."

As reported last week, The Zillow® U.S. Composite Housing Confidence Indexâ„¢ (ZHCI) rose to 67.4 in January, an increase of 3.2 points from its level six months earlier and up 3.6 points year-over-year, indicating continued growth in positive housing sentiment within local real estate markets across the country. Analysis of the indicator indices underlying the…

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Is Owning a Home Necessary to Live The American Dream?

A red white and blue poster with the words " american dream ".

The majority of households say “yes”, according to the latest U.S. Housing Confidence Survey. However, responses vary considerably by metro area as well as tenure type (i.e., homeowners vs. renters). “Some say that owning a home is necessary to live The Good Life and The American Dream. Do you agree? Or disagree?” (% of Households…

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