Zillow’s second quarter Real Estate Market Report shows national home values rose 6.3% on a year-over-year basis from June 2013 to $174,200. The last time national home values were at this level was back in March 2005. (Housing prices peaked in 2006.)
Rents were up 2.5% on a year-over-year basis. The Zillow Home Value Forecast calls for 4.2% appreciation nationally from June 2014 to June 2015.