News Corporation operates as a global diversified media and information services company with businesses in information services and news, digital real estate services, and book publishing. Company updates commonly address earnings performance across Dow Jones, Digital Real Estate Services and HarperCollins, as well as advertising trends, subscription and professional information products, and capital allocation through share repurchases.
News from its operating businesses also includes Realtor.com housing-market research and platform collaborations, HarperCollins title and imprint activity, and content relationships tied to artificial intelligence. News Corp operates primarily in the United States, Australia and the United Kingdom, while distributing its content, data products and publishing catalog worldwide.
Realtor.com (NWS) reported that September median asking rent across the 50 largest U.S. metropolitan areas fell to $1,694. Rents for studio, one- and two-bedroom properties declined 0.4% year over year, marking the 38th consecutive month of annual declines and the slowest decline in three years.
Regional trends diverged. San Jose rents rose 6.0% to $3,565, a new high, while San Francisco rents increased 4.8% to $3,057. Realtor.com attributes Bay Area demand growth to AI-related employment. St. Louis, Minneapolis, Virginia Beach, Riverside and Las Vegas shifted from annual declines to gains. Austin's annual decline narrowed from 7.8% in September 2025 to 2.3% in September 2026. Nearly 43.9% of rental listings offered concessions, up 1.3 percentage points from a year earlier. Realtor.com forecasts seasonal monthly rent softening, but potentially more limited additional relief.
Realtor.com (NWS) released its September 2026 luxury housing report, showing a national luxury entry threshold of $1,199,321.
The threshold, marking the top 10% of listing prices, fell 3.6% year over year, the 30th consecutive monthly annual decline. Entry prices for the top 5% and top 1% fell 3.5% and 5.3%, respectively. Luxury listings at all three thresholds spent three fewer days on the market than a year earlier; entry-level luxury listings spent a median 76 days.
Los Angeles had the highest luxury threshold at $3,949,634. Across 43 metropolitan areas, Naples led average public elementary school ratings for luxury listings at 9.3/10, while second-priciest Kahului-Wailuku ranked lowest at 5.0/10. Naples and Crestview were the only top 10 most expensive markets with annual price gains. Bridgeport's threshold fell 15.6% despite its third-place school rating. The price figures reflect listings, not completed sales.
Realtor.com (NWS) released a housing report showing fewer starter-priced listings nationally, while Midwest markets retain more options for first-time buyers. Starter homes accounted for 36.2% of active listings in August 2026, down from 38.1% in August 2019. Over that period, the national starter-home price threshold rose 30.8%, from roughly $260,000 to $340,000. The report defines starter-priced homes as listings at or below 80% of their metro's median list price.
The analysis covers the 100 largest U.S. metropolitan areas. Most of the national decline occurred by August 2022, with the share nearly flat since then. Condos and townhomes grew from 18.0% to 27.1% of starter-priced inventory between August 2019 and August 2026. Toledo had the highest starter-home share at 42.1%; Kansas City and St. Louis combined above-average starter inventory with above-average shares of starter-dominant neighborhoods.
Realtor.com (NWS) published a report showing that small mortgages have become less common, limiting financing options for buyers of lower-priced homes. Loans under $100,000 represented more than 12% of originations in 2013–14, versus less than 3% in 2025 and 2026. Homes purchased for $150,000 or less fell from 36.7% of sales in 2013 to 8.8% in 2026.
Small-mortgage buyers had an average credit score of 737 in 2026, compared with 736 for all buyers. Their median down payment was 34.4%, versus 14.6% for all purchases, yet they consistently paid higher mortgage rates. The 21st Century ROAD to Housing Act authorizes a four-year FHA pilot intended to offset fixed costs for small loans, directs study of compensation and fee limits, and includes appraisal reforms intended to reduce costs and delays.
News Corp (NWS) announced that Sean Giancola is stepping down as Publisher and Chief Executive Officer of New York Post Media Group. A search for a new CEO is underway, and Giancola has agreed to remain with the Post through early next year to support the transition.
During his leadership, the group returned to profitability after years of losses and shifted to a digital-first approach. Giancola also oversaw the West Coast expansion through the launch of The California Post and the launch of Page Six Hollywood. He joined the Post in 2015 as Chief Revenue Officer.
Realtor.com (NWS) launched RealAssist AI within Realtor.com+, adding tools designed to help real estate agents manage client setup and daily workflows. The new layer generates tailored home searches, summarizes client activity in a daily digest, and recommends actions such as refining searches or drafting messages.
Other updates include Realtors Property Resource integration, group invitation links and listing notes. Since its January 2026 debut, Realtor.com+ has reached up to 10% agent adoption in live markets. The platform is live in 21 markets, with four more launching soon, serving more than 192,000 agents nationwide and spanning nearly 252,000 listings.
Realtor.com projects Baby Boomers and the Silent Generation will release 13.9 million owner-occupied homes over the next decade. Its research estimates homes owned by these generations will fall from 36.7 million to 22.8 million by 2036. The projected releases are 74% above what the same generations released over the past decade, and 34% above releases by older households over that period.
The forecast includes 9.9 million family homes with three or four bedrooms, 3.6 million homes with five or more bedrooms, and just 0.38 million starter homes with up to two bedrooms. Realtor.com expects the gradual turnover will not eliminate the nation's 4 million-home shortage alone; price relief would concentrate in family and large homes and slower-growing markets rather than produce a nationwide drop. Boomers are expected to become the largest source of released homes around 2029, with the peak likely after 2036.
Realtor.com published a mortgage-rate study finding that borrowers in the same headline-rate environment can receive different rates based on their finances and lender.
The analysis covered 1,351,302 purchase loans originated from January 2023 through December 2025. If the median borrower received 7%, the middle 80% would receive rates from 6.50% to 7.43%. That spread represents about $28,400 of home price on a $2,000 monthly principal-and-interest budget. Crossing the 700 and 720 credit-score thresholds lowered rates by about 5.5 basis points each; a basis point is one-hundredth of a percentage point.
A typical versus very competitive retail lender differed by approximately 19 basis points, worth about $5,800 in buying power on that same budget. Moving from 15%–19% down to exactly 20% lowered rates by only about 0.7 basis points, but reaching 20% can eliminate mortgage insurance.
Realtor.com released its September 2026 housing report, showing price reductions on 20.8% of active listings as buyer activity weakened. That share rose 0.9 percentage points year over year and reached the highest September reading since 2018. Active inventory increased 5.4% year over year to 1,161,615 homes, while homes under contract declined 4.1%, the second consecutive monthly annual decline.
The national median listing price fell 1.4% year over year to $419,250, its 11th consecutive annual decline. New listings decreased 0.7% to 394,830. Homes spent a median of 61 days on the market, one day longer than August but one day fewer than a year earlier. All four regions had higher price-cut shares than a year earlier; the West had the highest at 22.8%. Realtor.com economists said higher borrowing costs were cooling demand even as available inventory increased.
NWS: New York Post Media Group and Philo announced that Philo will exclusively stream Page Six's 2026 Virtual Reali-Tea Awards.
The second annual, fan-voted ceremony will be filmed on October 6, 2026, at New York's Edison Ballroom before a live audience. It will premiere on Philo on October 9 for free and paid subscribers. The awards are Philo's first exclusively licensed original show in the awards category.
Page Six's Danny Murphy and Evan Real will host. The 2025 ceremony is already streaming for free on Philo, and voting for the 2026 awards remains open ahead of the live ceremony.