美国在线房地产网站Zillow 最新市场研究报告指出，房价上涨对房地产市场复苏的影响可能已经开始放缓。

房价上涨对房地产市场复苏的影响可能已经开始放缓

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Zillow近日发布《7月房地产市场报告》（Real Estate Market Report for July），报告指出，今年7月份，美国房价同比下降3%，环比下降3.4%，这是自4年前房地产市场向好后首次月度环比下降。

经济放缓并不出人意料，因为经济学家已经指出，他们预计随着经济继续复苏，市场恢复正常，房价上涨趋势已经开始趋于平缓。

“这次房价微降象征一个新时代的开始。”Zillow首席经济学家思文嘉·古德尔（Svenja Gudell）博士说,“许多人认为这是不可能发生的事情，但它却确实发生了：我们开始看到房价下降。随着市场恢复正常，我们一直预期房价出现月度下滑。然而，这并不是泡沫破灭。我们不会看到房价下降10%。市场趋于稳定，这是一个好消息，特别是对于买家，因为这将缓解竞争压力。”

Zillow指出，事实上，房价上涨趋势放缓对一直期待降温和库存开放的潜在买家更多买入机会。这家公司表示，与此同时租金价格继续上涨，对买家进入市场更为有利。

Zillow监控的517个大城市地区中将近一半的房价7月份的增速都在放缓。其中华盛顿特区和辛辛那提市（Cincinnati）环比跌幅最大，两个城市房价环比下降了0.5%。

Zillow指出，即使是在丹佛（Denver）、达拉斯（Dallas）、圣荷西（San Jose）和旧金山等房地产市场火热的城市，尽管今年7月房价同比呈两位数的增长，但环比却呈下跌趋势，不过，大部分地区房价环比下降不到1%。

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Home values start to slide — but that’s good news for buyers, Zillow says

The impact that rising home values have had on the housing market recovery may be starting to slow down, according to a recent Zillow market research report.

Zillow’s Real Estate Market Report for July shows that home values saw their first negative monthly change since the market began its turnaround about four years ago. Homes lost 3.4 percent of their value from June to July and 3 percent on an annual basis, Zillow said.
 
The slowdown is not unexpected, as economists have said they expect to see growth flattening out as the recovery continues and the market returns to normal.

“This slight dip in home values is a sign of the times,” said Zillow Chief Economist Dr. Svenja Gudell. “Many people didn’t think it was happening, but it is: We’re going negative. We’ve been expecting to see a monthly decline as markets return to normal. However, this is not like the bubble bust. We’re not going to see 10 percent declines. The market is leveling off, and it’s good news, particularly for buyers, because it will ease some of the competitive pressure.”

In fact, slowing home values could provide more opportunities for buyers who may have been waiting for the market to cool off and inventory to open up, Zillow said. At the same time, with rent prices continuing to escalate, conditions may be even better for buyers to enter the market, the company said.

Nearly half of the 517 metropolitan areas covered by Zillow saw a slowdown last month. Values in Washington, D.C., and Cincinnati experienced the biggest month-over-month decline, with each city seeing a 0.5 percent decrease.
Even hot markets like Denver, Dallas, San Jose and San Francisco, which had double-digit annual home value growth in July, saw their monthly appreciation rates ease from June, but most areas experienced changes of less than 1 percent, Zillow said.