Zillow Group is trading lower amid housing-sector pressure from elevated mortgage rates and weaker housing demand, at $27.84, down 4.03%.
- October 12 coverage cited a 30-year mortgage rate of 7.4%; Zillow’s September report showed newly pending sales down 8.5% year over year.
- No clear new company-specific catalyst surfaced. Broader indices were nearly flat, and volume data was unavailable.