Existing-home sales continue to hover near 4 million, while mortgage rates remained near 7%, keeping the U.S. housing market under pressure last quarter. Even so, Realtor.com grew revenue 5% year over year, our eighth straight quarter of growth. We delivered meaningful bottom-line expansion through AI-driven efficiencies and strong demand for premium client products. In a constrained housing market, Realtor.com’s performance last quarter reflects the resilience of our audience, product strategy and business model.
Realtor.com continues to lead the industry in audience engagement, with 4.9 visits per unique user¹, according to Comscore, well ahead of all competitors. We averaged 263 million monthly visits last quarter, continuing to grow our market share year over year². Realtor.com remains the leading publisher of residential real estate news³ and expanded its hyperlocal News & Insights footprint last quarter, launching monthly market reports across 100 metros and The Daily Address in Los Angeles and Miami. … Continue reading “Realtor.com posts eighth straight quarter of growth”