| BloombergShares of the digital real estate company fell 8.5% Wednesday after Needham & Co analyst Bernie McTernan cut his housing market forecast for 2023 and lowered revenue estimates for Redfin and its peers Zillow Group and Compass. McTernan said in a note Wednesday that he is “taking a more conservative approach” to Redfin’s future market share gains, especially in 2024.
Total volume for US home sales is expected to be down 18% this year from a year ago, according to McTernan, who previously forecast a 10% decline.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: