Zillow Group IR Blog

July 2018 Real Estate Market Report

Home-Value Growth Slowing in Several Hot Markets The median U.S. home value climbed 8 percent over the last year to $218,000, but growth is slowing in 20 of the 35 largest U.S. housing markets, with Seattle and Tampa, Fla., reporting the greatest slowdowns. One reason for the slowdowns is a greater number of homes for […]

Zillow Group August 2018 IR Roundup

“Turn on the Lights.” At Zillow Group, we aim to unlock information, bring it into the light and make it accessible and useful for all. With that core value in mind, we launched Trulia Neighborhoods, which features insights from locals, photos, as well as rich data that gives people a genuine feel for what it’s […]

Zillow Group Second Quarter 2018 Financial Results Highlights

Second Quarter and Year to Date 2018 Financial Highlights The following table sets forth Zillow Group’s financial highlights for the periods presented (in thousands, unaudited):   Second Quarter 2018 Highlights More than 186M average monthly unique users accessed Zillow Group brands’ mobile apps and websites, an increase of 4% yoy. Zillow Group brands’ mobile apps […]

Zillow Group July 2018 IR Roundup

Big wins come from taking big swings, quickly. That is the essence of our “Move Fast. Think Big.” core value. This month, we completed offerings of convertible senior notes and Class C capital stock. We are excited about how this positions us for the future and the size of the opportunity ahead of us. We […]

June 2018 Real Estate Market Report

Half of Homes Have Regained Peak Values, But the Recovery Is Uneven  Half of all U.S. homes (50.4 percent) are currently worth as much or more than they were at the peak of the housing bubble, but the recovery has been uneven. 57.1 percent of homes in the top value tier have met or exceeded […]

May 2018 Real Estate Market Report

When Rent Growth Signals Stability, Not Stress The U.S. Zillow Rent Index rose 2.1 percent year-over-year in May, to $1,440 per month, a faster pace than a year ago but still well within the range that is considered sustainable over the long term. The U.S. Zillow Home Value Index rose 8.1 percent over the past […]

Zillow Group June 2018 IR Roundup

“Move Fast. Think Big.” The Zillow Instant Offers program is off to a strong start. We have several homes purchased or under contract in Phoenix and, this month, we began making offers on homes in our second market, Las Vegas. Also, the Consumer Financial Protection Bureau (CFPB) has concluded its inquiry into Zillow’s co-marketing program […]

Zillow Group May 2018 IR Roundup

“Own it.” In May 2018, we purchased our first home through Zillow’s Instant Offers marketplace. We will host an open house at the Zillow-owned home in Phoenix on June 1. By buying homes, we are moving deeper down the funnel to provide sellers with a superior experience. And, selling a Zillow-owned home will allow us […]

April 2018 Real Estate Market Report

Home Values Climbing at Fastest Rate in 12 Years  The median U.S. home value rose 8.7 percent to $215,600 in April, the fastest year-over-year climb since June 2006, when the housing market was slowing from its bubble-driven, double-digit growth. By September 2007, the median home value had begun to decrease. By contrast, the current gain […]

Zillow Group First Quarter 2018 Financial Results Highlights

1Q18 Financial Highlights Total Revenue increased 22% yoy to $299.9M. Premier Agent Revenue increased 22% yoy to $213.7M. The number of Premier Agent accounts, including accounts of brokerages and other teams, spending more than $5,000 per month grew by 58% year-over-year in both total number and on a total dollar basis. Total sales to Premier […]

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