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Stock impact report

Climate risks threaten trillions of dollars in real estate [Yahoo! Finance]

Zillow Group, Inc. - Class A (ZG) 
Last zillow group, inc. - class a earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.zillowgroup.com
Company Research Source: Yahoo! Finance
SEATTLE March 12, 2025 /PRNewswire/ -- Trillions of dollars' worth of real estate is at major risk of damage from flood, fire or extreme wind, a new Zillow® analysis finds. Climate risks threaten trillions of dollars in U.S. real estate U.S. homes with major wind risk — a risk score of 5 or higher, according to First Street data displayed on for-sale listings on Zillow — are worth at least $17 trillion in total, equivalent to more than half of the U.S. GDP . Homes with major fire risk are valued at $9.1 trillion , and homes with major flood risk are worth a cumulative $7 trillion "The risk of natural disasters and rising insurance costs are profoundly reshaping the housing market. Home buyers are paying attention," said Kara Ng , a senior economist at Zillow. "With trillions of dollars in real estate vulnerable to these risks, informed decision-making for what is the biggest purchase of many buyers' lives has never been more critical." Eleven major metro areas have at least $ Show less Read more
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