Growth StrategyZ's recently launched partnership with RDFN provides a notable unlock of additional rental supply, allowing Z's two-sided marketplace to further benefit.
Product DevelopmentZ remains our top pick, predicated on tailwinds from the housing recovery, revenue from new products, and visibility to peer-high incremental margins.
Rental RevenueRental Vacancy Rates increased, which is a positive indicator for Z's Rental Revenue, given vacancies encourage property managers to advertise.