Zillow Reportedly Has Halted Home Purchases. The Stock Is Sliding.

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Updated Oct. 18, 2021 5:47 americium ET / Original Oct. 18, 2021 5:03 americium ET

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Zillow Group was sliding much than 6% successful premarket trading Monday aft saying it volition halt location purchases for the remainder of the year. 

Zillow (ticker: Z) told Bloomberg successful an email that it was “beyond operational capableness successful our Zillow Offers business and are not taking connected further contracts to purchase homes astatine this time.” 

The institution bought...

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