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Zillow shares fall after it pauses homebuying over labor and supply issues

Zillow shares fall after it pauses homebuying over labor and supply issues

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Shares of Zillow Group hit over a year’s low on Monday after the online real estate firm said it would pause buying houses this year, as labor shortages and supply disruptions hamper timely sales of renovated properties. The company, through its Zillow Offers unit, buys homes from homeowners and performs light repairs on them, requiring.

...read full article on New York Post

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