Home Sales Show First Positive Signs After Dramatic Slowdown in March
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, April 23, 2020 /PRNewswire/ -- Amid an unprecedented health crisis, pending sales in the U.S. housing market fell steeply during the second half of March, according to a new Zillow® Real Estate Market Reporti. But that trendline has leveled off in recent weeks and even begun to increase, a sign that activity may be starting to pick up. Pending sales peaked this year in the seven days ending March 12 and have fallen since, as health and safety measures to counter the coronavirus pandemic took effect. Recent signals indicate the tide may be beginning to turn. Though they remain 32.3% below last year's level, the week-over-week change in pending sales turned positive in the week ending April 15, and is up 6.2% week over week as of the seven days ending April 19. Zillow web traffic on for-sale listings and requests to connect with Premier Agents have grown as well in recent weeks, another sign home shopping activity may be picking up.Among large metros, pending sales have fallen
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News
- Zillow Group (NASDAQ:ZG) was upgraded by analysts at BNP Paribas to a "strong-buy" rating.MarketBeat
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- Zillow Group (NASDAQ:ZG) is now covered by analysts at BNP Paribas Exane. They set an "outperform" rating and a $85.00 price target on the stock.MarketBeat
- Zillow Group (NASDAQ:ZG) is now covered by analysts at BNP Paribas. They set an "outperform" rating on the stock.MarketBeat
- Zillow Group (NASDAQ:ZG) had its price target lowered by analysts at Sanford C. Bernstein from $105.00 to $95.00. They now have an "outperform" rating on the stock.MarketBeat
ZG
Earnings
- 10/30/25 - Beat
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Sec Filings
- 12/23/25 - Form SCHEDULE
- 12/4/25 - Form 4
- 12/4/25 - Form 4
- ZG's page on the SEC website