Recessions Typically Have Limited Effect on the Housing Market
Zillow Group, Inc. - Class A (ZG)
Last zillow group, inc. - class a earnings: 2/19 04:05 pm
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Source: PR Newswire
SEATTLE, Aug. 6, 2019 /PRNewswire/ -- Other than the housing-led Great Recession of the late 2000s, home values have typically continued to grow through national and statewide recessions over the past quarter-century. This according to a new analysis by Zillow®. The U.S. reached its longest-ever economic expansion this summer, though growth is slowing. A recent survey sponsored by Zillow and conducted by Pulsenomics LLC found that a panel of housing experts and economists most often expect the next recession to begin in Q3 2020. Demand for homes is expected to cool during the next recession, but few believe a housing slowdown will be a significant factor in causing it. As some market observers predict a recession on the horizon, an analysis of recessions from the recent past shows that they often have a limited effect on the housing market. In the past 23 years, there have been two national recessions – the dot-com crash from March to November 2001 and the Great Recession from Decembe
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News
- Competition for homes easing fastest in Florida, Texas [Yahoo! Finance]Yahoo! Finance
- Competition for homes easing fastest in Florida, TexasPR Newswire
- Zillow Group, Inc. (Z) RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference (Transcript) [Seeking Alpha]Seeking Alpha
- Short-lived mortgage rate relief boosted affordability to a 19-month high in September [Yahoo! Finance]Yahoo! Finance
- Short-lived mortgage rate relief boosted affordability to a 19-month high in SeptemberPR Newswire
ZG
Earnings
- 11/6/24 - Beat
ZG
Sec Filings
- 11/19/24 - Form 144
- 11/19/24 - Form 144
- 11/19/24 - Form 144
- ZG's page on the SEC website