Market PositionZillow will be able to hold its own against Compass as the portal generates ~25x more visits per month than Compass, CIRE and Anywhere Real Estate’s portfolio of brands on a combined basis.
Rentals GrowthZillow's Rentals segment reached a new record share of 26% of total revenue, with strong growth driven by multifamily revenue.
Revenue And ProfitabilityThe company reported revenue that was slightly above expectations, driven by strong performance in residential and mortgage segments.