Zillow data shows that 59% of renters have at least one pet, with 40% having a dog in 2023.
Carvana posts a surprise first-quarter profit, Fastly stock sinks after the company issues guidance well below Wall Street estimates, and Peloton’s CEO is stepping down. Apple is scheduled to report fiscal second-quarter earnings after the closing bell Thursday.
Zillow Group says the tough housing market and rising mortgage rates led to its cautious outlook. Of the 28 analysts with Zillow class C ratings tracked by FactSet half rate the shares Buy or Buy-equivalent. Mortgage rates continue to climb as the spring home buying season reaches its peak period.