News From Trenton · April 27, 2023

N.J. Housing Market Could Finally Cool as Summer Arrives.

nj.com

Temperatures have already started rising, but New Jersey’s sizzling real estate prices may see a long-awaited cool down this summer for parts of the state, according to a market forecast from Zillow.

Zillow’s home value forecast showed that about 60% of New Jersey ZIP codes they analyzed will see their typical home values depreciate this June.

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From NJ SEED: News From Trenton - April 26, 2023.