U.S. Home Values Fall for the Second Straight Month
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, June 25, 2019 /PRNewswire/ -- U.S. home values dropped for the second month in a row, according to the May Zillow® Real Estate Market Reporti. The typical U.S. home is worth $226,800, down 0.1% from a month earlier. Home values also fell in April, ending a streak of 85 consecutive months of gains that added $78,500 in value to the median home. This trend held in 32 of the 35 largest markets in the U.S. – home values rose in St. Louis and Phoenix, and remained flat in Riverside.Year-over-year appreciation, while still strong compared to historic levels, has slowed in each of the past five months, falling to 5.4% growth in May. A year ago, home values grew 7.5% annually. Indianapolis and Cincinnati are the only markets that have accelerated from last May, while San Jose, Calif., remains the lone market to have turned negative year-over-year, falling 5.7%. "Stepping back to think about housing over the long haul, the current slowdown in home value appreciation is expected and co
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News
- Zillow reveals 2024's most popular - and most unusual - home searches [Yahoo! Finance]Yahoo! Finance
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- 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