Zillow Could Get Scorched by Cooling Market

📆 2019/05/24 02:00:00
📰 WSJ

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Zillow says it can profit from a cooling housing market, while skeptics fear a downturn could dent the company’s new home-flipping business

Zillow Group says it can profit from a cooling housing market, while skeptics fear a downturn could dent the company’s new business. Which side is right? The answer could be coming soon.

Last week, Zillow reported U.S. home values fell from March to April—the first month-over-month decline in housing prices in more than seven years.

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