News Corp Stock Price, News & Analysis

Realtor.com (NASDAQ:NWSA) released a comprehensive report showing that 58.9% of home shoppers in the top 100 U.S. metros searched for properties outside their current metro area in Q2 2025, marking an 11 percentage point increase from 2019.

The report highlights significant trends, with San Jose leading outbound searches at 93.7%, followed by Washington D.C. (86.4%) and Seattle (80.5%). Former pandemic boomtowns like Phoenix and Spokane are experiencing declining popularity, while cities like Portland, San Francisco, and Houston have gained resident loyalty. The Western U.S. showed the highest out-of-market search activity at 65.1%, while the Northeast experienced the largest six-year increase, jumping from 45.4% to 58.8%.

Realtor.com® (NASDAQ:NWSA) has acquired Zenlist, a real estate technology company specializing in agent-client collaborative search tools. Founded in 2016, Zenlist's platform is currently used by multiple MLSs, brokerages, and over 35,000 agents.

The acquisition aligns with Realtor.com®'s strategy to create a more connected and transparent real estate marketplace. Zenlist's mobile-first platform offers collaboration tools, a consumer interface, and real-time listing updates without requiring additional technology investment from MLSs or brokers.

The deal will integrate Zenlist's employees into Move, Inc./Realtor.com®'s team, though financial terms remain undisclosed.

Realtor.com (NASDAQ:NWSA) released its June 2025 Housing Trends Report, revealing a complex market dynamic where active inventory rose 28.1% year-over-year, reaching a post-pandemic high. However, seller delistings increased 47% from the previous year, indicating growing seller hesitation in the current market environment.

The report shows that median listing prices held steady at $440,950, up just 0.1% year-over-year, while 20.7% of listings saw price reductions - the highest June level in nearly a decade. The median days on market increased to 53 days, five days longer than last year. The ratio of delistings to new listings reached 13% this spring, significantly higher than previous years, suggesting a growing trend of sellers choosing to wait out the market rather than adjust prices.

Realtor.com (NASDAQ:NWSA) reports a significant recovery in housing inventory across major U.S. metros, with 22 of the 50 largest markets now exceeding pre-pandemic levels. Denver leads with a 100% increase in available homes compared to 2017-2019 averages, followed by Austin (+69%) and Seattle (+60.9%).

The inventory rebound is particularly strong in metros that increased housing construction post-2019. Markets are showing buyer-friendly trends with 4.6 months of supply in May, though still below the 6-month threshold for a buyer's market. Despite local improvements, a nationwide shortage of nearly 4 million homes persists, creating varying market conditions across regions.

Realtor.com (NASDAQ:NWSA) has announced the next phase of its successful Nearly Home™ campaign featuring Reba McEntire, expanding its creative push with new sitcom-style episodes highlighting the platform's home search tools. The campaign showcases features like RealView® Maps and RealCommute® through relatable scenarios focused on pet-friendly properties and commute considerations.

The company reports that Nearly Home™, which debuted in May 2025, has generated the strongest response to any campaign in its history. The platform demonstrated significant reach with 237 million visits in May according to Comscore. The campaign targets the 75% of Americans who view homeownership as a key part of the American dream, with research showing that 50% of buyers consider pet-friendliness a "must-have" feature.

To support the launch, Realtor.com® is offering a limited-time giveaway featuring a custom-built luxury dog house from Taylor Morrison. The campaign is being distributed across TV, digital, and social platforms, including sponsorship of the 60th Academy of Country Music Awards.

Realtor.com (NASDAQ:NWSA) has received significant support for its Let America Build campaign from the U.S. Conference of Mayors, who passed a bipartisan best practice policy statement endorsing the initiative. The campaign, launched at SXSW in Austin, Texas, aims to address America's critical housing supply shortage and affordability crisis.

According to Realtor.com's 2025 analysis, the U.S. faces a shortage of nearly 4 million homes. The campaign advocates for removing regulatory barriers, eliminating restrictive zoning, and modernizing outdated regulations that impede new home construction. The initiative has gained support from key industry leaders including the National Association of REALTORS® and the National Association of Home Builders (NAHB).

The policy statement, introduced by Austin Mayor Kirk Watson and approved during the organization's annual meeting in Tampa, Florida, recognizes nationwide housing affordability challenges and calls for modernizing housing policies and reducing barriers to construction.

News Corp (NASDAQ: NWS) has appointed Julian Delany as Executive Vice President and Chief Technology Officer, effective June 30, 2025. Delany, who succeeds David Kline, joins from News Corp Australia where he served as CTO and Executive Team member since 2020.

During his tenure at News Corp Australia since 2012, Delany has held various leadership positions, including General Manager of news.com.au and Managing Director of digital news, food and lifestyle network. His track record includes pioneering digital-first newsroom operations and implementing data-led insights for product and commercial strategy.

Delany brings extensive experience in technical process alignment, digital operations, and broadcast operations from his previous roles at News Corp Australia and Foxtel. He will relocate to New York City with his family.

Realtor.com (NASDAQ:NWSA) released a comprehensive housing affordability report revealing that the typical U.S. household needs to spend 44.6% of their income to afford a median-priced home as of May 2025, significantly exceeding the recommended 30% threshold.

Only three major metros - Pittsburgh (27.4%), Detroit (29.8%), and St. Louis (30.0%) - remain affordable for median-income earners using a 20% down payment and May's average mortgage rate of 6.82%. In contrast, Los Angeles leads unaffordability, requiring 104.5% of median income for housing costs, followed by San Diego (77.1%) and San Jose (72.4%).

The report suggests that increasing affordable housing supply is crucial for improving affordability, as mortgage rates are expected to remain elevated and income growth alone may not solve the issue.

News Corp has extended CEO Robert Thomson's contract through June 2030, building on his successful 12-year tenure since 2013. Under Thomson's leadership, News Corp achieved significant transformation and its four most profitable years from 2021-2024. Key achievements include increasing digital revenues to 50% of total revenue (up from 20% in 2014), doubling Dow Jones' profitability after its 2020 re-segmentation, selling Foxtel to DAZN, securing intellectual property agreements with tech platforms including OpenAI, achieving Investment Grade Credit rating, acquiring OPIS and Base Chemicals to strengthen Dow Jones' B2B offering, and driving growth in Book Publishing through partnerships like Spotify for audiobooks.