EarningsZillow reported strong 1Q results, with revenue growth accelerating to 13% year-over-year and Adjusted EBITDA margin expanding year-over-year for the first time in at least six quarters.
Housing MarketA more accommodative rate environment should reduce mortgage rates and facilitate a recovery in homes sold.
Product ExpansionsZillow continues to execute well across its growth pillars, with Real Time Touring and Enhanced Markets expanding to new markets and remaining on track to achieve year-end targets.