Zillow Group outperformed adjusted EBITDA and revenue estimates for Q1. Zillow shares fell as much as 8% on it reduced second-quarter revenue forecast.
Online real-estate listing service Zillow Group Inc. on Wednesday forecast second-quarter sales that were below expectations, as a stalled housing market weighs on first-time homebuyer demand and pushes some real-estate agents to the sidelines.
Proptech stocks are having a bad year. Redfin (RDFN) stock price has crashed by over 62% this year while Offerpad (OPAD), Compass (COMP, and Zillow (Z) have plunged by over 26% and 27% this year.
Listing Showcase is an immersive, AI-powered listing experience available only on Zillow SEATTLE , April 16, 2024 /PRNewswire/ -- Screen appeal is the new curb appeal, and homes with Listing Showcase — immersive, AI-powered listings available only on Zillow® — capture more views, sell for higher prices and sell faster than similar homes on Zillow with traditional online listings. New Zillow da...
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