In May 2026, U.S. home sales and new listings declined compared to last year, influenced by rising mortgage rates surpassing 6.5%. New listings fell 4.1% year-over-year, and sales dropped 2.9%, despite a slight monthly sales increase. Inventory growth continued but slowed, with typical home values rising modestly to $368,720, pushing mortgage costs slightly higher. Experts suggest this trend may lead to slower sales in the latter half of the year as buyer options peak early.
Zillow's recent earnings beat masks underlying challenges like declining user traffic, compressed margins, and a tough housing market outlook, making it a risky investment despite AI-related optimism. In contrast, Caterpillar shows strong growth with...
Bragar Eagel & Squire, P.C. is investigating Zillow Group for possible violations of federal securities laws and unlawful business practices. The probe follows allegations of premature revenue recognition in Zillow's Flex model and an FTC lawsuit acc...
Rosen Law Firm is investigating a class action lawsuit against Zillow Group following allegations that the company provided misleading business information to investors. This follows an FTC lawsuit accusing Zillow and Redfin of an illegal agreement t...
