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News · 26 weeks46-25%
2026-04-192026-10-11
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Latest news
25 items- PRRental demand is up 20% as high lending costs stifle the for-sale marketWith the typical monthly payment for a new homeowner climbing nearly twice as fast as rent, more shoppers are turning to rentalsRental demand is up 19.2% year over year nationwide, as measured by the Zillow Observed Renter Demand Index (ZORDI).1The typical U.S. rent was $1,932 a month in September, up 2.7% from a year ago.The financial advantage of renting is growing, as the typical new home buyer's monthly payment2 is climbing nearly twice as fast as rent, up 5% from a year ago to $3,037.SEATTLE, Oct. 15, 2026 /PRNewswire/ -- Housing demand doesn't disappear when buying becomes harder financially. Instead, it finds a new home in the rental market. The Zillow Observed Renter Demand Index (ZO
- PRWhat $100K rents: A house in Memphis, a one-bedroom apartment in San JoseA six-figure income supports a rental budget of $2,500 per month, enough to access 77% of rentals nationwide, but just 13% in the most expensive market A $100K income unlocks nearly 20% more living space compared to a median income renter, a Zillow analysis shows.Of rentals on Zillow that are affordable on a $2,500 budget, 30% are single-family homes, 18% are condos, and 52% are apartments.In Memphis, a six-figure income rents a 2,100-square-foot, single-family home; in San Jose, where rents are among the highest in the country, it secures a 650-square-foot, one-bedroom apartment.SEATTLE, Oct. 7, 2026 /PRNewswire/ -- A $100,000 salary is a meaningful advantage in today's rental market, trans
- PRZillow Group to Announce Third-Quarter 2026 Results Nov. 4Conference call to be webcast live at 2 p.m. PT / 5 p.m. ETSEATTLE, Oct. 6, 2026 /PRNewswire/ -- Zillow Group, Inc. (NASDAQ:Z) today announced it will release third-quarter 2026 financial results after market close on Wednesday, Nov. 4, 2026. The company will host a webcast and conference call to discuss its results that afternoon at 2 p.m. PT / 5 p.m. ET.Information about Zillow Group's financial results, including a link to the live webcast and recorded replay, will be available on the company's Investor Relations website.Please register for the live event here. For more information about Zillow Group, visit investors.zillowgroup.com.About Zillow Group: Zillow Group, Inc. (NASDAQ:Z) is rei
- PRZillow's September Market Report shows an early winter in the housing market as newly pending sales fall 8.5%The rental market continues to show strength, with the biggest annual rent gain since April 2025In September, existing home sales fell 2.5% from last year according to Zillow's nowcast. Newly pending sales, a forward-looking indicator of future closed sales, fell by 8.5% as mortgage rates reached their highest level since November 2023.A monthly mortgage payment on a typical home is 6.7% higher than a year ago, assuming a 20% down payment and excluding taxes and insurance. That's despite home values rising just 1% over the past year, according to the Zillow Home Value Index.The typical U.S. rent rose 2.7% from a year earlier to $1,932, the biggest annual gain since April 2025 according to th
- PRNew homes now cost less than existing ones in one-third of major marketsSun Belt markets where building has boomed account for most of the markets where new construction offers the best value per square footNewly built homes sell for a median of $205 per square foot nationally, below the $212 median for existing homes, a new Zillow analysis finds.Many of the markets with the biggest discounts for new homes — as much as 19% less — are high-supply Sun Belt markets where builders have been most active, including Austin, Raleigh and Tampa.Nationally, new homes make up 12.6% of home sales over the past year. That share ranges from more than 1 in 3 sales in San Antonio (37.1%) and Raleigh (33.6%) to 2% in Hartford.SEATTLE, Sept. 29, 2026 /PRNewswire/ -- Buying a new h
- PRA 20% spike in high-intent home shoppers signals pent-up demandNearly 5 engaged home shoppers are competing for every listing, but affordability headwinds are weighing on salesEngaged home shoppers — Zillow users who save or share a for-sale listing — were up 21% year over year this past spring, at 4.8 shoppers per listing nationally.Buffalo, Providence and Hartford had the most engaged shoppers per listing; Houston, Miami and San Antonio had the fewest.Higher-priced and larger homes are attracting disproportionately more engaged shoppers.SEATTLE, Sept. 24, 2026 /PRNewswire/ -- This year's home shopping season had no shortage of interest, but sales didn't fully reflect that. A new Zillow® analysis tracked engaged home shoppers1 — people who saved or sha
- PRZillow Preview℠ listings are now live on Realtor.com®, offering the same early access on the two most-visited real estate platforms in the countrySEATTLE and AUSTIN, Texas, Sept. 17, 2026 /PRNewswire/ -- Zillow® and Realtor.com® today announced that Preview℠ is live on both sites, bringing pre-market homes to buyers across the two most-visited real estate platforms in the country. No special login or brokerage relationship required. The same early access for every buyer, on both platforms starting today. This marks the realization of a collaboration announced in May, and the largest pre-market syndication effort in U.S. residential real estate. Whether searching on Zillow or Realtor.com®, buyers will now see pre-market listings at the same time — clearly labeled as Previ
- PRThe renter's advantage: $12,792 a year in savings and $322 more if investedIn all 50 major U.S. metros, typical rent is less than the typical monthly cost of homeownership, giving renters a financial cushionAccording to the Zillow Observed Rent Index, the typical U.S. rent is $1,948 a month. The typical new home buyer's monthly payment is $3,014, a difference of $1,066 a month or $12,792 a year.By investing the monthly difference between renting and owning, renters can earn an additional $322 in the first year, compounding to $8,041 over five years.The savings are most dramatic in high-cost coastal markets. San Jose renters typically pay $94,596 less than buyers in a year and can earn an additional $2,381 by investing those savings.SEATTLE, Sept. 16, 2026 /PRNewswi
- PRThe new home construction boom is running out of steamWith permitting at a post-pandemic low, the housing shortage at the root of today's affordability crisis could deepenResidential building permits fell 1.7% in the year ending July 2026 and are now running a record 19.4% below the pre-pandemic trend line.Detached single-family home completions dropped 2.5% in 2025 to about 817,000, the third consecutive annual decline and the lowest total since 2020.Builders are shrinking home sizes to keep prices within reach.SEATTLE, Sept. 14, 2026 /PRNewswire/ -- After a historic run, new home construction is slowing. A new Zillow® analysis finds completion of detached single-family homes fell for the third straight year in 2025, and the pace of permitting
- PRZillow's August Market Report shows elevated rates dampen home salesZillow expects continued softness in the for-sale market, with newly pending sales and inventory growth both decelerating as affordability challenges push demand toward rentalsHome sales fell 0.6% year over year in August, a deceleration from July's 6% annual gain, according to Zillow's August Market Report.Newly pending listings, a leading indicator of future closings, fell 2.6% year over year in August, extending a rapid deceleration from June's 7.5% annual gain — even as the number of homes for sale continues to climb.The rental market shows signs of absorbing sidelined demand, with rents rising 2.5% year over year, nearly double the rate of home value growth.SEATTLE, Sept. 8, 2026 /PRNew
- PRA surge in out-of-town rental searches points to Buffalo, Chicago and Houston as markets to watchZillow data reveals which rental markets are drawing the most outside interest and where demand may be heading nextOutside interest is growing fastest in Buffalo, Chicago and Houston, where out-of-town rental search shares grew the most year over year.In established hotspots — Raleigh (59%), Hartford (55%), New Orleans (54%) and Nashville (52%) — outside rental searchers outnumber local rental searchers on Zillow.The largest shares of long-distance rental searches typically come from neighboring states. The notable exception is New Yorkers looking south, especially in Florida.SEATTLE, Sept. 2, 2026 /PRNewswire/ -- Prospective renters are looking beyond their own backyards, and new Zillow® da
- PRZillow is helping 78,000 renters and counting turn monthly bills into credit progressZillow has reported nearly 2 million on-time rent payments to credit bureaus for free since launching its rent reporting program in 2024In July, more than 78,000 renters who paid on time through Zillow had their payments reported to credit bureaus. That's 26% more than a year ago, reflecting strong demand for tools that translate rent into credit history.Insufficient credit history was responsible for nearly one-third of mortgage application denials in 2025, edging debt-to-income ratio as the most common reason cited.Nearly 4 million U.S. renters could become eligible for a mortgage by having their on-time rent payments reflected in their credit history, per VantageScore.SEATTLE, Aug. 31, 20
- PRZillow Group to present at Goldman Sachs Communacopia + Technology ConferenceSEATTLE, Aug. 25, 2026 /PRNewswire/ -- Zillow Group, Inc. (NASDAQ:Z), which is transforming the way people buy, sell, rent and finance homes, today announced Zillow Group will present at this year's Goldman Sachs Communacopia + Technology Conference in San Francisco. Chief Operating Officer & Chief Financial Officer Jeremy Hofmann will participate in a fireside chat on Thursday, Sept. 10, at 10:50 a.m. PT / 1:50 p.m. ET. Register and access the live webcast here. Live and recorded versions of the webcast will also be available under the Events & Presentations section on Zillow Group's Investor Relations website.About Zillow Gr
- PRZillow Resolves Federal Trade Commission Lawsuit, Reaffirming Partnership with Redfin and Expanding Access to Even More Housing Options for RentersSyndication partnership with Redfin continues; both companies to also offer standalone options, improving choice, affordability and accessSEATTLE, Aug. 24, 2026 /PRNewswire/ -- Zillow Group today announced a resolution with the Federal Trade Commission (FTC) and five states regarding its multifamily rental listings syndication agreement with Redfin. Zillow has consistently maintained the partnership with Redfin is pro-consumer and procompetitive, and we're pleased to have found a resolution that enables its continuation. The partnership will continue, and the listings syndication will remain intact across Zillow, Trulia, HotPad
- PRIn the priciest markets, saving and breaking even on a home purchase can take a buyer into their retirement yearsNationally, a typical household can save for and come out ahead on a home purchase compared to renting after about 15 yearsA typical U.S. household needs 8.5 years to save for a down payment and an additional 6.2 years to break even on the purchase relative to renting, according to a new analysis by Zillow.In San Jose, the combined timeline is almost 50 years. In Memphis, it's about 11 years.Targeting a starter home can cut the timeline roughly in half: Nationwide, a typical household reaches the break-even point in 7.2 years.SEATTLE, Aug. 20, 2026 /PRNewswire/ -- Buying a home is a financial commitment measured not just in dollars, but in years. Whether to buy or rent is a complex question
- PRRents near $2,000, rising at the fastest pace in over a yearRents are rising and demand is strong, but property managers aren't rushing to cut concessionsThe Zillow Observed Rent Index (ZORI) shows the typical U.S. asking rent rose to $1,962 in July, up 2.3% annually — the fastest pace in more than a year.39.8% of rentals on Zillow offered a concession in July, up from 35.9% a year ago.A household needs $78,488 in annual income to afford the typical U.S. rental, compared to nearly $99,800 to afford a typical mortgage payment — a gap of more than $21,000.SEATTLE, Aug. 18, 2026 /PRNewswire/ -- The wave of new apartments that gave renters more options and more deals over the past two years is beginning to recede. The typical U.S. asking rent rose to $1,
- PRRent burden hits families with children hardestA scarcity of affordable multibedroom rentals is the biggest barrierKey Findings:Rent burden falls harder on families: Families with children are more likely to be rent-burdened than nonfamily households — a gap driven not by income, but by the higher cost of the larger homes families need.Family-size rentals are scarce: Thirty-seven percent of rentals offered two bedrooms, and only 24% offered three or more as of July 2026, limiting options for the more than one-third of renters who have children.The housing shortage is the underlying cause: The U.S. is short 4.7 million homes, driving up housing costs across the board.SEATTLE, Aug. 13, 2026 /PRNewswire/ -- Amid rising inflation and childca
- PRZillow's July Market Report shows a 7% sales surge, but leading indicators point to a slower second halfNewly pending sales fell sharply from June as mortgage rates hit their highest point in a year, signaling that July's sales bump may not lastHome sales rose 7% year over year in July, the strongest annual gain of the year, according to Zillow's July Market Report. This largely represents transactions in which an offer was accepted in June.Newly pending listings, a leading indicator of future closings, grew just 0.3% from a year ago and fell 7.7% from June.Inventory sits 1.5% above year-ago levels, helped by 3.1% annual growth of new listings, extending the 32-month streak of supply gains.SEATTLE, Aug. 6, 2026 /PRNewswire/ -- Home sales surged 7% in July, the strongest annual gain seen so far
- PRZillow Group Reports Second-Quarter 2026 Financial ResultsSEATTLE, Aug. 5, 2026 /PRNewswire/ -- Zillow Group, Inc. (NASDAQ:Z), which is transforming the way people buy, sell, rent and finance homes, today announced its consolidated financial results for the three months ended June 30, 2026. Complete financial results for the second quarter and outlook for the third quarter and the full year of 2026 can be found in the shareholder letter on the Investor Relations section of Zillow Group's website at https://investors.zillowgroup.com/investors/financials/quarterly-results/default.aspx. "Zillow delivered another quarter of strong results and consistent execution. We outperformed the broa
- PRZillow Group Strengthens Executive Leadership Team with Promotions and Key AppointmentsCompany expands Jeremy Hofmann's role to chief operating officer & chief financial officer, appoints Cassandra Knight as first-ever chief legal and policy officer and promotes two senior leaders SEATTLE, Aug. 5, 2026 /PRNewswire/ -- Zillow Group, Inc. (NASDAQ:Z) today announced several executive changes to strengthen the company's leadership team as it continues to scale its integrated housing super app experience. Expansion of Jeremy Hofmann's Role to Chief Operating Officer & Chief Financial OfficerZillow has expanded Jeremy Hofmann's role, appointing him as chief operating officer in addition to his existing role as chief fi
- PRSurvey: Nearly 9 in 10 agents believe buyers benefit from independent representation, access to every listingNew Zillow survey finds agents overwhelmingly agree on what's best for buyers, even as financial incentives drive some in the industry to push private listing networks that work against it.88% of agents say independent representation is in a buyer's interest — but 39% report that they don't see how it benefits agents, revealing the financial incentive behind practices like private listing networks86% of agents say buyers deserve access to every listing on the market, yet nearly 1 in 3 don't believe that same access benefits agentsPrevious Zillow research found that sellers who sold to a buyer using the same agent lost a combined $1.49 billion over three years — an average loss of roughly $2,
- PRThe housing market is splitting in two: Luxury homes are in high demand while starter homes sitRising starter home inventory and more price cuts signal opportunity for buyers, but economic headwinds are keeping them on the sidelinesThere are 4.5% more starter homes available than there were last year, price cuts are more common, and there are fewer bidding wars. Yet starter home sales fell 5.4% in May, according to new Zillow data.The slowdown of starter home sales is especially stark when compared to a booming luxury sector. Luxury home sales are up 6.2% year over year, as of May.San Francisco is the starkest example. Luxury home sales surged 21.6% year over year in May, while starter home sales fell 1.2%.SEATTLE, July 29, 2026 /PRNewswire/ -- New Zillow® data reveals that the U.S. h
- PRRent is ticking up, but so are the dealsAlthough rent growth has accelerated, the share of listings offering an incentive remains elevatedThe typical U.S. asking rent rose to $1,965 in June, up 2.2% annually, according to the Zillow Observed Rent Index.39.7% of rentals on Zillow offered a concession in June, up from 35.2% a year ago.Sun Belt renters have more options and more deals than the rest of the country, the direct result of a years-long building boom.SEATTLE, July 23, 2026 /PRNewswire/ -- Fewer apartments are sitting empty, rents are climbing, and yet the deals keep coming. According to the Zillow® June Rental Report, the typical U.S. asking rent rose to $1,965, up 2.2% compared to a year ago, and nearly 2 in 5 rental list
- PRMore than 300,000 empty lots for sale could close America's housing shortage by 6%Building one home on each empty lot listed for sale on Zillow would reduce the national housing deficit to 4.44 million homesA housing shortage of 4.7 million homes is the key driver of America's housing affordability crisis.300,242 empty lots smaller than 5 acres were listed for sale on Zillow in June 2026, representing 17.4% of all for-sale listings. Building one home on each of those lots would reduce America's housing deficit by 6.3%.Zillow is participating in a federal tech sprint to find ways to reduce friction for rural buyers looking to build on an empty lot.SEATTLE, July 21, 2026 /PRNewswire/ -- America's housing affordability crisis is largely a supply problem, with the country cur
- PRAmerica's housing deficit held steady at 4.7 million units for the first time in yearsA construction boom helped hold the deficit nearly flat in 2024, growing by just 43,000 homesAccording to new Zillow research, America's housing deficit grew by just 43,000 units in 2024 — down sharply from increases of 257,000 in 2022 and 159,000 in 2023 — as new multifamily construction reached a 50-year high.The deficit of 4.7 million homes remains the primary driver of the affordability crisis.In the four metro areas with the largest deficits — New York, Los Angeles, Boston and San Francisco — the share of listings affordable to a median-income household is far below the national figure of 35%SEATTLE, July 15, 2026 /PRNewswire/ -- America's housing deficit finally stopped growing in a me
Z FAQ
6 questionsWhat does Zillow Group Inc. do?
Zillow Group, Inc., a digital real estate company, operates real estate brands on mobile applications and websites in the United States. It operates through three segments: Homes; Internet, Media & Technology; and Mortgages. The company's mobile applications and websites offer various real estate transactions and related services, including buying, selling, renting, and financing services for residential real estate properties; purchase and sell homes; offer title and escrow services, title insurance products and services, and mortgage loans. Its portfolio of brands include Zillow, Zillow...Where does Z stock trade?
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