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gvwireZillow expects home values to grow 13.6% between September 2021 and September 2022, and to end 2021 up 19.5% from 2020, the online real-estate company said this week.
The company’s forecast also called for 6.04 million existing homes to be sold in 2021. That’s up 7% from 2020.
You can read more about Zillow’s analysis of the national housing market at this link.
Meanwhile, the California Association of Realtors reports that Fresno County home sales increased by 6.2% last month compared to September 2020 — making Fresno one of only 10 counties in the state to record an annual increase.
The median price for a home sold in Fresno County during September was $380,000, up 16.9% over the same month last year.
Two other Valley counties saw increased home sales: Merced and Stanislaus.
You can view a video of CAR’s market forecast at this link.