
Zillow Reports 5-Year Inventory High and Record Price Cuts
Zillow reports a five-year high in housing inventory with 1.36 million homes for sale in June, up 17.2% year over year and driving a record 26.6% of listings to cut prices.

Zillow reports a five-year high in housing inventory with 1.36 million homes for sale in June, up 17.2% year over year and driving a record 26.6% of listings to cut prices.

In a new court filing, Zillow accuses Compass of running a “Hidden Listing Scheme” that limits transparency and misleads buyers through its three-phase marketing strategy. The filing urges the court to deny Compass’ request for an injunction and defends Zillow’s 24-hour listing policy as pro-consumer and pro-competition.

Zillow’s July 15 update introduced five new tools, including SkyTour and an upgraded BuyAbility with 1.5 million users, to enhance affordability insights, tour scheduling, and rental cost transparency.

According to a Zillow news release, pet-friendly rental listings rent eight days faster on average and attract 9% more views, 12% more saves, and 11% more shares than those that don’t allow pets. The report also reveals that 58% of renters now have pets.

Compass announced it will share its 6,000 private exclusive listings with brokerages and MLSs, but only if they agree not to alter, monetize, or penalize agents for sharing them. The move comes amid ongoing legal battles with Zillow and industry pushback over listing access and transparency.

Zillow’s June 2025 survey highlights the five most common mistakes sellers make that can cost them thousands, from overinvesting in renovations to skipping key steps when hiring an agent.

Zillow’s latest report shows that median-income households need a $17,670 raise to afford a typical U.S. home priced at $367,969, even with a 20% down payment.

Compass has filed a motion to block Zillow’s new Listing Access Standards (LAS), citing potential business losses and consumer harm. The case could have broad implications for agents using pre-MLS marketing strategies.

Get a clear picture of where the housing market is headed with the latest 2025–2026 forecasts from Fannie Mae, Zillow, NAR, MBA, and Cotality covering home prices, existing home sales, and mortgage rates.

Realtor.com CEO Damian Eales explains why the company didn’t issue a public CCP statement and why its MLS agreements prevent it from blocking listings like Zillow or Redfin. Catch the full conversation on episode #121 of the Knowledge Brokers Podcast.

New Zillow research shows there are 5.5 engaged home shoppers for every for-sale listing nationwide, with buyer competition exceeding 10-to-1 in markets like Buffalo and Boston. Meanwhile, 12 of the 14 least competitive metros are in the Sun Belt.

Lower’s acquisition of Movoto from OJO Labs marks a major step in its plan to build an end-to-end homeownership platform.