Zillow Group (NASDAQ: ZG) resolved its antitrust lawsuit with the Federal Trade Commission and five state attorneys general on Monday, heading off a federal trial scheduled to begin this week. The settlement removes an unpredictable legal overhang while leaving Zillow's rentals strategy fully intact.
The agreement keeps Zillow's multifamily distribution partnership with Redfin in place through at least 2030. Listings will continue to syndicate across a combined network that includes Zillow, Trulia, HotPads, Rent.com, ApartmentGuide, Redfin, and Realtor.com.
The network gives property managers a direct alternative to CoStar Group's Apartments.com, which has long commanded the lion's share of institutional multifamily ad dollars. By pooling distribution across Zillow, Redfin, and partner sites, landlords get multi-portal reach through a single contract, while renters see a broader pool of listings on whichever app they open.
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Since syndication launched, multifamily listings on Redfin have nearly quadrupled, while Zillow's own multifamily inventory rose roughly 40%. In the second quarter of 2026, Zillow hit a record 79,000 multifamily properties and averaged 2.8 million monthly active rental listings, pushing quarterly rental revenue up 31% year over year to $209 million, led by a 42% surge in multifamily ad sales, putting pressure on Apartments.com's value proposition and pricing structure.
#federal
The agreement keeps Zillow's multifamily distribution partnership with Redfin in place through at least 2030. Listings will continue to syndicate across a combined network that includes Zillow, Trulia, HotPads, Rent.com, ApartmentGuide, Redfin, and Realtor.com.
The network gives property managers a direct alternative to CoStar Group's Apartments.com, which has long commanded the lion's share of institutional multifamily ad dollars. By pooling distribution across Zillow, Redfin, and partner sites, landlords get multi-portal reach through a single contract, while renters see a broader pool of listings on whichever app they open.
Related: Anonymous coder hides Bitcoin puzzle in Satoshi's genesis block
Since syndication launched, multifamily listings on Redfin have nearly quadrupled, while Zillow's own multifamily inventory rose roughly 40%. In the second quarter of 2026, Zillow hit a record 79,000 multifamily properties and averaged 2.8 million monthly active rental listings, pushing quarterly rental revenue up 31% year over year to $209 million, led by a 42% surge in multifamily ad sales, putting pressure on Apartments.com's value proposition and pricing structure.
#federal
17 hours ago
