Zillow's stock surged 5.01% during Wednesday's intraday trading, reflecting investor optimism around the company's role in a potentially stabilizing housing market.
The rally follows insights from Zillow's senior economist Orphe Divounguy, who highlighted in a MarketWatch interview that home prices are expected to rise modestly (1.2%) in 2026. While mortgage rates are unlikely to drop below 6%, Zillow's data-driven forecasts and its position as a key real estate platform appear to have bolstered market confidence in the company's growth prospects.