Affordability crisis stunting home purchases: Zillow CFO

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 52 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

Zillow News

Julie Hyman,Interest Rate,Real Estate Company

Online real estate company Zillow (Z) has issued cautious second quarter guidance as first-time homebuyer activity tumbles amid interest rate spikes. Zillow ...

that the company expects housing to remain roughly flat in 2024 as affordability continues to pose a challenge to homebuyers. He explains that Zillow seeks to become a"housing super-app," providing users with rental and selling options alongside home and land options.Galen Weston calls Loblaw boycott 'misguided criticism', says grocer not responsible for higher prices

"Their frustration is understandable, but this kind of expectation betrays a misunderstanding of what's actually driving food prices higher in this country."Vihdoinkin voin liikkua helposti tämän ansiostaOTTAWA -The Bank of Canada is getting closer to being able to start cutting interest rates from their current 23-year highs, Governor Tiff Macklem said on Wednesday.

This finance YouTuber says there’s 1 retirement trap that no one talks about — here’s what you need to knowDividend Royalty: 5 Fabulous Stocks to Buy Now for Decades of Passive Income These five companies offer strong returns. The post Dividend Royalty: 5 Fabulous Stocks to Buy Now for Decades of Passive Income appeared first on The Motley Fool Canada.Bank of Canada governor Tiff Macklem says Canadian interest rates don't have to match U.S. or global rates, but there is a limit to how much they can diverge. Macklem made the comments while testifying before the House of Commons finance committee today.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Zillow stock sinks on disappointing Q2 revenue guidanceShares of Zillow Group (Z, ZG) are falling sharply in after-hours trading. The company reported first quarter adjusted earnings of $0.36, topping estimates...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Zillow Shrugs Off Housing Chill, Industry Flux to Beat EstimatesZillow Group Inc. reported first-quarter earnings that beat analysts’ expectations, as the company’s dominant consumer brand helped it muddle through a period of slow sales and looming changes in the US housing industry.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Fed rate decision, Qualcomm, Etsy, Zillow report: Yahoo FinanceThe Federal Reserve Open Market Committee is announcing its latest decision on interest rates. The central bank is widely expected to stay on pause, but...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Half of Zillow’s top cities for first-time homebuyers are in the MidwestSt. Louis is the best US market for first-time homebuyers in 2024, Zillow announced this week in its list of the 10 best cities for new buyers.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »