Toronto Residents Lack Confidence in Future Homeownership Ability
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
TORONTO, Feb. 24, 2020 /PRNewswire/ -- For residents of Canada's largest city, Toronto, it is no secret that the housing market presents challenges. According to a recent Zillow and Ipsos survey, Torontonians confidence in their ability to own the home they want is on the decline due to rising home prices. For buyers, 77% are concerned they can't afford the home they want, up four points from 2018. More than two thirds (68%) of sellers are concerned they can afford the home they want, an increase from 55% in 2018.Toronto is also the city most likely to be perceived to be in a housing bubble. More than eight in 10 (84%) of Torontonians think that the Toronto housing market is in a bubble, with inflated housing prices, and at risk for a correction. This perception drops significantly amongst Torontonians for other Canadian cities with 61% for Vancouver and far fewer thinking Victoria (18%), Montreal (13%), Ottawa (10%), Whistler (9%), Calgary (8%), or Edmonton (6%) are experiencing hou
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ZG
News
- Zillow reveals 2024's most popular - and most unusual - home searches [Yahoo! Finance]Yahoo! Finance
- The Northeast is home to Zillow's most popular market for the second year running [Yahoo! Finance]Yahoo! Finance
- Zillow Group, Inc. (NASDAQ: ZG) had its price target raised by analysts at JMP Securities from $82.00 to $92.00. They now have a "market outperform" rating on the stock.MarketBeat
- Home sales poised to increase next year, if rates cooperate [Yahoo! Finance]Yahoo! Finance
- Home sales poised to increase next year, if rates cooperatePR Newswire
ZG
Earnings
- 11/6/24 - Beat
ZG
Sec Filings
- 12/19/24 - Form 8-K
- 12/11/24 - Form 144
- 12/10/24 - Form 144
- ZG's page on the SEC website