Housing Data - Zillow Research
Zillow Home Value Index (ZHVI): A measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range. Available as a smoothed, seasonally adjusted measure and as a raw measure.
Zillow's Insights on CPI and ZORI: Understanding the Future of …
Jan 15, 2025 · Discover Zillow's latest analysis on the Consumer Price Index (CPI) and Zillow Observed Rent Index (ZORI). Learn how rental market trends and economic modeling predict future shelter inflation, and what this means for Federal Reserve policy and renters nationwide.
Inflation Slows Less Than Expected in January - Zillow Research
Feb 14, 2023 · The Consumer Price Index (CPI) rose 0.5 percent in January after increasing 0.1 percent in December. This follows recent revisions that highlighted the pace of consumer price increases fell less at the end of 2022 than previously reported.
Comparing Measures of Rental Prices Can Inform Monetary Policy
Sep 29, 2023 · Comparing two measures of shelter prices—the official U.S. Bureau of Labor Statistics (BLS) dataset and the Zillow rental price index—shows that the Zillow series leads the BLS series by about six to 10 months.
Zillow’s Insights on CPI and ZORI: Understanding the Future of …
With a unique dataset and lens from operating a rental market, Zillow Economics proposes that the shelter components of the consumer price index will remain elevated for some time.
When Will a Decline in Asking Rents Be Reflected in Rent CPI?
Apr 4, 2023 · Over the past few years, several indexes have been created to provide more real-time analyses of rents. These indexes have been studied to see how changes in their measures correspond to changes in PCE or consumer price index (CPI) rents.
Does the Zillow rent measure help predict CPI rent inflation?
Oct 16, 2024 · This paper examines the usefulness of the Zillow observed rent index (ZORI) in predicting CPI rent inflation. Using data from February 2015 to October 2023, we demonstrate that ZORI provides valuable insights into future movements in CPI rent inflation.
US - CPI for Rent vs. New Tenant & Zillow Rent Index - MacroMicro
The Zillow Rent Index (YoY) and the New Tenant Rent Index (YoY), which specifically investigates rent levels for new tenants, usually lead the CPI for rent (YoY) by about 6 to 12 months. These indices act as leading indicators for rent inflation.
Housing Inflation is Likely Poised to Decelerate by Early 2023
Nov 2, 2022 · A growing body of research shows the Zillow Observed Rent Index (ZORI) leads survey-based average rent indexes, including the rent component of the Consumer Price Index, by up to 12 months....
Housing Inflation is Likely Poised to Decelerate by Early 2023
Nov 2, 2022 · A growing body of research shows the Zillow Observed Rent Index (ZORI) leads survey-based average rent indexes, including the rent component of the Consumer Price Index, by up to 12 months. ZORI began to decelerate in year-over-year terms last March.