Z News

Homes.com Report: U.S. Home Price Growth Remained Muted at 2.4% in August as the Market Shifts Toward Buyers

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(NASDAQ:Z) ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group leading online residential marketplace, released a new report today analyzing home price trends in August (based on the data collected to date), including price trends across major metros and house types. Preliminary price data show U.S. home price growth remained muted in August, with the national median home price rising just 2.4% year-over-year to $389,000. While this marks an increase of $9,000 from last August, prices remain below

September 9, 2025Housing
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Redfin Reports U.S. Asking Rents Rise Most Since 2022 As Apartment Construction Slows

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(NASDAQ:Z) SEATTLE--(BUSINESS WIRE)--The median U.S. asking rent rose 2.6% ($45) year over year to $1,790 in August—the largest increase since December 2022. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. It’s now just $70 below the record high hit in the summer of 2022. August marked the third consecutive month of year-over-year increases following roughly two years of declining or flat rents. On a month-over-month basis, the median asking rent rose 0.3% in Aug

September 9, 2025Housing
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MC Homes Real Estate Sells Home After 4 Years and 6 Agents -- at Full Asking Price

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(NASDAQ:Z) MC Homes Real Estate Sells "Unsellable" Bethel Home at Full Asking Price After four years, six agents, and multiple failed attempts, the home at 35 Kayview Avenue in Bethel, CT finally sold this July — at full asking price of $489,000. Despite extensive renovations, the property lingered...

September 3, 2025RealEstate
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New Nationwide initiative helps 830,000+ Agents expand expertise in selling New Construction Homes

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(NASDAQ:Z) Mortgage Rates Fall, Builders Incentivize Buyers, and Builders Update Equips Agents with No-Cost and Advanced Training to Meet Rising Demand AUSTIN, Texas, Sept. 2, 2025 /PRNewswire/ -- With mortgage rates declining and builders offering some of the most aggressive buyer incentives in...

September 2, 2025Real Estate
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Rent or RSVP? Gen Z, millennials make housing sacrifices to attend wedding events

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New Zillow Rentals analysis finds attending a wedding and bachelor or bachelorette party costs as much as rent One wedding + one bachelor(ette) party = $2,010. Typical U.S. monthly rent = $2,072. A Zillow Rentals survey finds 45% of Gen Z and millennials have made a housing sacrifice to...

Zillow and Berkshire Hathaway HomeServices team up to empower agents, supercharge listings using Showcase

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US-based agent network can access Showcase to help sellers increase exposure for faster sales SEATTLE, Aug. 26, 2025 /PRNewswire/ -- Zillow® and Berkshire Hathaway HomeServices today announced an agreement to provide the U.S.-based members of its network with access to Zillow Showcase,...

Cruel Summer: Frustration Unites Buyers, Sellers, and Builders in a Stalled U.S. Housing Market

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New report from Realtor.com® dissects the gridlock affecting all corners of the housing landscape AUSTIN, Texas, Aug. 26, 2025 /PRNewswire/ -- The U.S. housing market may be showing signs of movement on paper, but for many Americans, it feels like the market has stalled. According to...

August 26, 2025Housing
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Zillow Group to present at Goldman Sachs Communacopia + Technology Conference

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SEATTLE, Aug. 25, 2025 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent, and finance homes, today announced Zillow Group will present at this year's Goldman Sachs Communacopia + Technology Conference in San Francisco. Chief...

August 25, 2025Events
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Zillow unveils Unlock conference for agents: A gathering where real estate's boldest thinkers build what's next

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Jessica Alba, Alison Levine and Kacey Musgraves are among the guest headliners at Zillow's flagship event, which delivers unmatched access to strategy, technology and transformation SEATTLE, Aug. 25, 2025 /PRNewswire/ -- Zillow today announced the official agenda and headliners for Unlock...

August 25, 2025Events
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Miami-Dade Ultra-Luxury Sales on Pace to Set Records; Affordable 30-Year Condo Units Holding Value

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MIAMI, Aug. 21, 2025 /PRNewswire/ -- South Florida is on pace to post the second-most $10M and up home sales for a calendar year as median prices for affordable 30-year Miami-Dade condo units stay even, according to July 2025 statistics released by the MIAMI Association of Realtors...

Pennsylvania Home Market Inventory Continues to Increase

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LEMOYNE, Pa., Aug. 21, 2025 /PRNewswire/ -- The number of homes on the market in Pennsylvania reached a three-year high in July, reaching an amount not seen in the past several years. There were 42,270 homes on the market last month, up 9.5% over the same time last year, according to a...

August 21, 2025Housing
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Only 28% of Homes on the Market are Affordable for a Typical Household

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Buying power is down nearly $30,000 nationally since 2019, despite a 15.7% rise in median income Higher mortgage rates are costing buyers an extra $7,200 per year in financing for a $400,000 home AUSTIN, Texas, Aug. 21, 2025 /PRNewswire/ -- In a market defined by higher interest rates and...

August 21, 2025Housing
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ZhongAn Online Announces 2025 Interim Results

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The Underwriting Combined Ratio Improved by 2.3 Percentage Points, Underwriting Profit Doubled, and Net Profit Surged by Over 11 Times Underwriting Profit of RMB656 Million, with a 108.9% YoY Increase ZA Bank Turned a Profit with Net Profit of HKD49 Million, Marking a Historical...

August 20, 2025Earnings
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Home values are rising in half the country, falling in the other

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Buyers gain negotiating leverage, but high costs keep many on the sidelines Buyers continue to gain leverage. Now, 27 major metros are in buyers' favor or neutral, up from 24 last month. Listings are lingering: The median for-sale home has been listed for 60 days, the longest of any July...

11 New Home Markets Where Prices Could Drop 20% From Their Peak in 2025

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Timing the market is risky for homebuyers, but waiting could yield better deals. Austin, Denver, Miami, and Phoenix are among the markets expected to see home prices drop by 20% or more. These 11 markets are experiencing the sharpest imbalance between housing supply, affordability, and...

International Homebuying Activity in Texas is Up

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Total transactions, median price, and dollar volume all increased AUSTIN, Texas, Aug. 14, 2025 /PRNewswire/ -- The number of residential properties sold in Texas to international buyers increased nearly 9% over the prior year, according to the 2025 Texas International Residential...

August 14, 2025Housing
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Typical Homebuyer’s Monthly Payment Down More Than $200 From May Peak, With September’s Anticipated Interest Rate Cut Already Priced Into Mortgage Rates

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SEATTLE--(BUSINESS WIRE)--Redfin reports the median monthly mortgage payment fell to a seven-month low of $2,631 during the four weeks ending August 10, down $215 from its May peak of $2,846. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. Last week marked the 12th consecutive week that monthly payments either dropped or stayed flat. Monthly payments are becoming more affordable because mortgage rates are at a 10-month low, falling to 6.53% yesterday—t

August 14, 2025Housing
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July’s Most Expensive Home Sales Include Spelling Mansion, Obama’s Former Summer Retreat

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SEATTLE--(BUSINESS WIRE)-- #housingmarket--A Los Angeles estate known as the “Spelling Manor,” after its former owner–producer Aaron Spelling–was the most expensive home sale of July, bringing in $110 million. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. The next-most expensive sale was a beachfront compound in Delray Beach, FL, which fetched roughly $51 million. All in all, four of last month’s 10 most expensive home sales were in Southern California, five were in

A mansion for less than $1 million? That's the norm in four markets

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Seven in 10 U.S. mansions are valued above $1 million The median mansion costs less than $1 million in four large metro areas: Buffalo, Indianapolis, Cleveland and Memphis. Nationwide, the median mansion is worth more than $1.4 million, and more than $4.5 million in four major California...

Young Homebuyers Banking on Refinancing Gamble: Nearly Two-Thirds of Gen Z and Millennial Buyers Depending on Future Rate Drops for Financial Health

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Truework survey of Americans who've purchased a home in past 24 months reveals generational divide in home buying confidence and financial stress SAN FRANCISCO, Aug. 12, 2025 /PRNewswire/ -- A new survey of 1,000 recent U.S. homebuyers reveals a concerning trend: younger buyers are making...

August 12, 2025Housing
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Tariffs and Rising Construction Costs Could Signal Trouble Ahead For Rents - Despite Two Years Price Declines

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The impact is being felt across the country as the Midwest saw the steepest annual drop in completions, followed by the South. AUSTIN, Texas, Aug. 12, 2025 /PRNewswire/ -- Rent prices declined for the 24th month in a row in July, marking a full two years of easing rental pressure in the U....

August 12, 2025Housing
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Ready to Buy a Home? Hit These Financial Milestones First

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PHOENIX--(BUSINESS WIRE)--Buying your first home is a big deal. In fact, it’s one of the most important financial commitments you’ll likely make. Yet many first-time homebuyers enter the process without a clear understanding of what financial steps to take beforehand. “New buyers often get caught up in the excitement of house-hunting and overlook the importance of fully grasping their finances,” said Manuel Salazar, CEO of Take Charge America, a nonprofit credit and housing counseling agency. “

California, Hawaii and Massachusetts Have the Highest Share of Homeowners Who Would Benefit if Capital Gains Tax is Eliminated

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SEATTLE--(BUSINESS WIRE)--More than one in four (25.9%) U.S. homes have gained at least $250,000 in value since the last time they were purchased, while 8% have gained more than $500,000. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. These are the upper and lower bounds of the potential share of homeowners who stand to benefit if the tax on capital gains from a home sale is eliminated—an idea currently being floated by President Trump and U.S. lawmak

Barclays Maintains Underweight on Zillow Gr, Lowers Price Target to $60

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May 8, 2025
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JP Morgan Maintains Overweight on Zillow Gr, Lowers Price Target to $79

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May 8, 2025
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Keefe, Bruyette & Woods Maintains Market Perform on Zillow Gr, Lowers Price Target to $74

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May 8, 2025
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Zillow Q1 Earnings Beat, Q2 Guidance Below Estimates, Shares Fall

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Zillow Group reports first-quarter financial results after the market close on Wednesday. Here's a rundown of the report.

May 7, 2025
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Zillow Gr Sees Q2 Sales $635.000M-$650.000M vs $650.96M Est

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May 7, 2025
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Zillow Gr Q1 Adj. EPS $0.41 Beats $0.38 Estimate, Sales $598.00M Beat $586.54M Estimate

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May 7, 2025
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Zillow Gr Q1 Sales $598.00M Beat $586.54M Estimate

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May 7, 2025
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Keefe, Bruyette & Woods Maintains Market Perform on Zillow Gr, Lowers Price Target to $76

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May 7, 2025
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Canaccord Genuity Maintains Hold on Zillow Gr, Lowers Price Target to $76

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May 5, 2025
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Wedbush Reiterates Outperform on Zillow Gr, Maintains $100 Price Target

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May 5, 2025
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Wells Fargo Initiates Coverage On Zillow Gr with Equal-Weight Rating, Announces Price Target of $62

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April 28, 2025
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William Blair Initiates Coverage On Zillow Gr with Market Perform Rating

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April 21, 2025
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Zillow Unveils New Listing Standards Requiring Homes Marketed To Any Buyer Be Available To All Buyers, Cracking Down On Off-Market Listings With Support from eXp Realty

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April 10, 2025
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Zillow Housing Super App Strategy Is A 'Show-Me Story': Analyst

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Zillow aims to expand market coverage, but are its financial targets too ambitious? An analyst initiated coverage with an $80 target.

March 28, 2025
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Keefe, Bruyette & Woods Initiates Coverage On Zillow Gr with Market Perform Rating, Announces Price Target of $80

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March 28, 2025
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Why Zillow Stock Is Trading Higher

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Zillow shares are trading higher by 3.9% during Thursday's session. Shares of real estate and broker stocks are trading higher following strong February existing home sales data.

March 20, 2025
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Looking Into Zillow Gr's Recent Short Interest

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February 19, 2025
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Zillow CEO Champions Work From Home: We See 'Four Times The Number Of Job Applicants'

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Zillow Group Inc remains a proponent of work-from-home, with its CEO citing success with their CloudHQ model and increased job applicants.

February 14, 2025
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Citigroup Maintains Buy on Zillow Gr, Raises Price Target to $98

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February 13, 2025
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B of A Securities Maintains Neutral on Zillow Gr, Raises Price Target to $84

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February 12, 2025
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Wedbush Reiterates Outperform on Zillow Gr, Maintains $100 Price Target

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February 12, 2025
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Needham Reiterates Hold on Zillow Grto Hold

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February 12, 2025
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Zillow Stock Jumps On Q3 Earnings: Revenue Beat, EPS Beat, Visits Up 3%, 233M Monthly Active Users

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Zillow reports financial results for the third quarter after the bell on Wednesday. Here's a look at the key details from the print.

November 6, 2024
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Zillow Gr Q3 2024 Adj. EPS $0.35 Beats $0.29 Estimate, Sales $581.000M Beat $554.675M Estimate

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November 6, 2024
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Zillow Q3 Earnings Preview: Can Growth Continue During Market Challenges?

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Zillow's Q3 report is expected to reflect continued revenue growth. With new CEO Jeremy Wacksman at the helm, Zillow remains focused on enhancing its digital real estate platform.

November 5, 2024
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Jefferies Maintains Buy on Zillow Gr, Raises Price Target to $50

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September 8, 2022
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