Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter . Zillow economists just published their updated 12-month forecast, projecting that U.S. home prices—as measured by the Zillow Home Value Index—will shift down 0.1% from April 2026 to April 2027. That’s a tiny downward revision from its 12-month national forecast published in April (+0.1%) and its 12-month national forecast published in March (+0.5%). U.S. home prices, as measured by the Zillow Home Value Index, are currently up 0.7% year over year . Zillow’s latest 12-month outlook (-0.1%) expects national home prices to remain near that subdued pace. As long as national home price growth remains below U.S. wage growth (currently up 3.6%), underlying fundamentals should continue to improve. If that trend continues—and mortgage rates don’t spike—national housing affordability should also continue to gradually improve.…