Cathie Wood says Zillow’s decision to shut iBuying unit could be a warning signal for housing market

Catherine Wooden, chief govt officer of ARK Funding Administration LLC, speaks in the course of the Milken Institute International Convention in Beverly Hills, California, on Monday, Oct. 18, 2021.

Kyle Grillot | Bloomberg | Getty Pictures

Carefully adopted innovation investor Cathie Wooden is deciphering the shuttering of Zillow’s home-flipping enterprise as a cautionary sign on the general housing market.

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