Welcome to our dedicated page for Zillow Group news (Ticker: Z), a resource for investors and traders seeking the latest updates and insights on Zillow Group stock.
Zillow Group, Inc. (Nasdaq: Z and ZG) generates a steady stream of real estate news and housing market analysis through its Zillow-branded reports and research. As an Internet-based real estate company and the operator of what it describes as the most visited real estate app and website in the United States, Zillow Group regularly publishes updates on home values, affordability, mortgage trends and competition across major U.S. metropolitan areas.
News about Zillow Group often centers on its housing market reports, which track metrics such as the share of household income needed for a typical mortgage payment, changes in inventory, price cuts, rent growth and regional differences in market heat. The company also releases forecasts that outline expected home value growth, mortgage rate paths and affordability conditions in coming years, as well as rankings of markets it identifies as hottest or most popular for home shoppers.
In addition to macro-level market coverage, Zillow Group’s news includes consumer research and behavior insights, such as how buyers and sellers choose real estate agents, what features home shoppers search for most, and how search patterns vary by state or region. The company highlights tools on its platform, including affordability calculators, down payment assistance information and its BuyAbility feature, in the context of these reports.
This news page aggregates press releases, analyses and company updates related to Zillow Group’s role in the U.S. housing market. Readers can use it to follow changes in affordability, monitor which metros Zillow identifies as especially competitive, and see how the company’s data and tools are being applied to topics ranging from wildfire impacts on housing to seasonal shifts in listings and sales activity.
Zillow's latest market report reveals a window of opportunity for home buyers due to lower mortgage rates and rising inventory. The monthly payment on a typical home has fallen by more than $100 nationwide since May, improving affordability. Key findings include:
- The Zillow market heat index shifted from favoring sellers to neutral in July.
- Homes are taking longer to sell, but still faster than pre-pandemic times.
- Nearly 1.18 million homes are on the market, the highest since September 2020.
- The share of listings with price cuts decreased in August to just under 26%.
- One-third of homes sold in July went for more than asking price.
These trends suggest that competition among buyers could extend into the fall, contrary to typical seasonal patterns. The report highlights opportunities for both buyers and sellers in this evolving market landscape.
Z (Zillow) market report — Nov 4, 2025: Lower mortgage rates and rising inventory have improved affordability and extended buyer competition into the fall. Nationwide typical mortgage payment is $1,827, down more than $100 since May; nearly 1.18 million homes are listed — the most since Sept 2020. The Zillow market heat index moved to neutral in July. About 25.9% of listings had price cuts in August, while roughly one-third of sold homes went above asking price.
Zillow has upgraded its AI-powered search experience in the Zillow app, allowing users to search for homes and rentals using natural language. The new features enable searches based on commute time, affordability, schools, and nearby points of interest. This makes Zillow the first major residential real estate marketplace to implement such an advanced AI-powered search.
Users can now skip filters and describe their ideal home as they would to a friend, specifying details like layout, location, and style. The upgrade is live on iOS and Android devices, with a web version coming soon. Zillow's AI analyzes millions of listings to deliver personalized, relevant results based on user preferences.
This enhancement is part of Zillow's broader AI strategy, which includes features like the neural Zestimate valuation, personalized home recommendations, and AI-powered Showcase listings.
Zillow (NYSE: Z) rolled out upgraded AI-powered natural language search in the Zillow app, enabling buyers and renters to find homes by everyday phrases including commute time, affordability, schools, and points of interest. Launched in the app on Sept. 4, 2024, the feature scans millions of listings to surface personalized results and lets users save searches and receive notifications when new qualifying listings appear. The upgrade trains Zillow's machine learning models to better handle human-like queries and will reach Zillow.com soon. The release notes integration with Zillow features such as the neural Zestimate, personalized recommendations, and AI-powered Showcase listings.
Zillow Group (Nasdaq: Z and ZG) announced its participation in the Goldman Sachs Communacopia + Technology Conference on September 9, 2024. CFO Jeremy Hofmann will engage in a fireside chat moderated by Goldman Sachs' Michael Ng at 3:45 p.m. PST/6:45 p.m. EST.
The event will be accessible via live and recorded webcasts on Zillow Group's Investor Relations website under the Events & Presentations section. This presentation offers investors and analysts an opportunity to gain insights into Zillow's strategies and performance in the real estate technology sector.
Zillow and Thumbtack have released data on affordable, renter-friendly home improvements that can personalize rental spaces and add value for landlords. These upgrades, typically costing less than $1,000, can increase views, saves, and shares on Zillow Rentals. The seven recommended improvements are:
1. Swapping cabinet hardware
2. Adding open shelving
3. Incorporating plants
4. Painting rooms or accent walls
5. Upgrading lighting
6. Hanging mirrors
7. Using peel-and-stick wallpaper
These improvements cater to millennials and Gen Z adults who are renting for longer periods due to being priced out of homeownership. The data highlights how these changes can benefit both renters and landlords, with specific features contributing to increased engagement on rental listings.
Zillow Group (Nasdaq: Z and ZG) has appointed Soumya Tulloss as the new senior vice president of agent sales. This move reinforces Zillow's commitment to supporting real estate agents with innovative products and services. Tulloss, a proven sales leader, will oversee Zillow's agent sales team, focusing on integrating and scaling the sales organization to provide a seamless experience for agents.
Tulloss brings extensive experience from her previous roles, including her position as chief revenue officer at Deliverr and vice president of global messaging sales at Twilio. Her track record includes building successful sales teams and driving significant revenue growth. At Zillow, she aims to help agents become more efficient and productive in serving their clients, aligning with the company's mission to make homeownership a reality for more people.
Zillow's July market report indicates a shift in the housing market, with competition easing and the market moving into neutral territory for the first time since December. Home sales took 18 days on average, six days longer than last year. However, recent drops in mortgage rates could revive competition as we enter fall.
Key findings include:
- The Zillow market heat index moved to neutral, ending the sellers' advantage
- Inventory is up nearly 25% from last year
- Over 26% of homes received price cuts in July, the highest share since at least 2018
- Home value appreciation slowed to 2.8% year-over-year
Lower mortgage rates may encourage more buyers to enter the market, potentially reigniting competition and delaying the usual post-summer cooldown.
Zillow's latest data reveals a cooling rental market, with 33.2% of rental listings offering concessions in July 2024, up from 25.4% a year earlier. This trend is driven by an apartment construction boom, with June seeing the highest number of completed multifamily units in 50 years. Rent growth has slowed to 5.1% year-over-year, a significant decrease from the 22.3% increase in the previous two years.
Six major metro areas, including Raleigh, Charlotte, and Atlanta, have over 50% of rentals offering concessions. The rental vacancy rate remains at 6.6%, the highest since winter 2021. While the supply boom continues, the number of units under construction has decreased for eight consecutive months, suggesting a potential peak in the market.
Zillow Group (Nasdaq: Z and ZG) has announced a significant leadership change. Jeremy Wacksman, the company's longtime executive and Chief Operating Officer, has been promoted to Chief Executive Officer and appointed to the Board of Directors. Wacksman succeeds co-founder Rich Barton, who will remain on the Board and become co-executive chair alongside co-founder Lloyd Frink.
Wacksman, who joined Zillow from Microsoft in 2009, has held various leadership roles within the company, including product leader, chief marketing officer, and most recently, chief operating officer. During his tenure, he has been instrumental in driving innovation, growing Zillow's businesses, and overseeing key departments such as engineering, product, design, marketing, sales, and industry relations.
Under Wacksman's leadership, Zillow has seen significant growth and innovation, including the development of its housing super app strategy, diversification of revenue streams, and successful acquisitions of industry software solutions like Follow Up Boss and ShowingTime.