June data reveals that the house price forecast has tilted slightly higher than spring projections, pushing sentiment toward growth-oriented real estate investments. Median price growth of 3.7% is reported in university towns. On an annual basis, price growth was steady at 2.2%, only marginally higher than the 2.1% recorded in August. Zillow changes course on home prices: Updated forecast for 400 housing markets In Q2 earnings calls, several housing developers referenced an optimistic house price forecast, with anticipated average gains of 4% across mixed-use property developments. This supports bullish positions in construction sector stocks.