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Why Did Zillow Stock Fall 11% Last Month?
ZZillow Group(Z) The Motley Fool·2024-04-09 21:16

Bad news for Zillow's key customers created concern around the company's future performance.Shares of Zillow Group (Z 0.61%) dropped 11.5% in March, according to data provided by S&P Global Market Intelligence. News broke that realtor commissions would be fundamentally changed moving forward, sparking fears of lower demand for Zillow's services.The real estate industry is set for major changesLast month, the National Association of Realtors (NAR) announced that a legal settlement is expected to result in a ...