U.S. Stock Market Midday Update
Stocks with High Trading Volume in the Industry
Opendoor Tech fell 3.22%, with increased trading volume. Based on recent key news:
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On September 19, Opendoor Technologies announced the appointment of Christy Schwartz as interim Chief Financial Officer, which may raise market concerns about the company's financial stability, leading to stock price fluctuations. Data source: SEC filings.
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On September 18, Opendoor plans to expand its business nationwide. Although this move shows potential for strategic expansion, the market remains cautious about its high valuation and macroeconomic pressures. Data source: Reuters.
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On September 17, Opendoor's stock price fluctuated after a significant rise last week, with market debates over its positioning as a meme stock, leading to mixed investor views on its long-term potential. Data source: CNBC. The real estate market faces interest rate pressures, with active capital flows.
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CoStar fell 2.36%. According to recent key news:
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On September 17, CoStar Group founder and CEO Andy Florance was named to the Virginia 500 Power List, reflecting his significant influence in the industry. This news increased the company's visibility in the market but did not significantly boost the stock price. Data source: Reuters.
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On September 16, Andy Florance was named a 2025 Tech Titan by Washingtonian magazine, further solidifying his position in the tech field. However, this honor did not have a direct impact on the stock price. Data source: Reuters.
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On September 17, CoStar Group's website attracted over 141 million average monthly unique visitors in Q2 2025, demonstrating the company's strong influence in the global market. Nevertheless, the stock price still faces pressure. Data source: CoStar Group industry innovation technology impacts the market.
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Zillow-C fell 2.75%, with a trading volume of $150 million. Based on recent key news:
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On September 17, Bernstein upgraded Zillow's rating from &#34;Market Perform&#34; to &#34;Outperform,&#34; raising the target price from $75 to $105. This upgrade drove the stock price up. Data source: Gelonghui.
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On September 17, Zillow's Market Heat Index showed a balance between buyers and sellers nationwide, with reduced competition among buyers leading to stagnation in home price appreciation. The number of new listings decreased, with inventory levels down 1.3%. Data source: Zillow report.
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On September 17, the rental business is expected to generate over $1 billion in revenue by 2028, driving analysts' optimistic ratings for Zillow. Data source: TipRanks. The real estate market is balanced, with stagnation in home price appreciation
Stocks Ranked Among the Top by Market Capitalization in the Industry
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CBRE fell 0.83%. According to recent important news:
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On September 17, the Hong Kong Policy Address proposed to relax the new capital investor entry scheme, lowering the investment threshold for residential properties to HKD 30 million. This move is expected to stimulate demand for luxury homes and standalone houses, but the overall impact on transaction volume is limited. Chen Jinping, head of the research department at CBRE Hong Kong, stated that residential transactions exceeding HKD 30 million accounted for only 2.8% of total transactions last year, indicating that lowering the threshold will have little impact on market competition.
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On September 17, the target for private residential supply in Hong Kong was revised to 126,000 units, a reduction of 6,000 units. Zheng Haiyan, head of valuation and consulting services at CBRE, believes that this adjustment will not significantly affect the supply-demand imbalance but highlights the importance of a stable land sale plan. Developers may remain cautious, leading to a sluggish transaction volume.
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On September 17, Zheng Haiyan from CBRE stated that land prices in Hong Kong have fallen by 30% to 50%. Government policies may support the stabilization of land values and encourage developers to participate in land tenders. This move could improve project economic viability and increase the supply of parking spaces in urban areas. Adjustments to Hong Kong's residential policies are impacting the market
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OPAD

Offerpad Solutions rose 11.96%; Opendoor Tech fell 3.22%, with a transaction volume of USD 1.929 billion; Costa fell 2.36%, with a transaction volume of USD 156 million; Zillow-C fell 2.75%, with a transaction volume of USD 150 million; CBRE fell 0.83%, with a market value of USD 48.2 billion

U.S. stock market update: Offerpad Solutions up 11.96%