The U.S. housing market bottomed in the fourth quarter of 2011 and has since entered a sustainable recovery. 2012, overall, was a transitional year in the housing market as many individual markets turned the corner. The Zillow Home Value Forecast gives an overview of how we think all of the metros Zillow covers (over 250) will do over the next year, November 2012 to November 2013. The nation as a whole is forecasted to show 2.5 percent home value appreciation. The methodology for the Zillow Home Value Forecast can be found here. The forecast will be updated on a monthly basis.

About the author

Stan Humphries
Stan is Zillow's Chief Economist. To learn more about Stan, click here