NWS · 8-K · 20260805PR000171

Digital Real Estate Growth

NEWS CORP · 2026-08-05 · Importance 48 · Surprise 40 · No source text

Digital Real Estate Services revenue increased 19% to $553 million in the fourth quarter, with growth at both REA Group and Move. REA Group revenue rose 21% to $386 million, driven by Australian residential price increases, add-on products, and an 11% increase in national residential buy-listing volumes; Sydney and Melbourne listings each increased 8%. Move revenue grew 13% to $167 million, led by higher sales of RealPRO Select and growth in seller, new homes, and rentals. Realtor.com averaged 297 million monthly visits, increasing its share of U.S. real-estate-portal visits to 33%, although average monthly unique users declined 6% to 68 million as Move focused on higher-quality leads.

Key facts

• Fiscal 2025 Digital Real Estate Services Real estate: $1,410; Fiscal 2026: $1,571; FX impact: $49; Fiscal 2026 constant currency: $1,522; % Change - reported: 11%; % Change - constant currency: 8% source
• Fiscal 2025 Total Digital Real Estate Services segment revenues: $1,802; Fiscal 2026: $2,016; FX impact: $63; Fiscal 2026 constant currency: $1,953; % Change - reported: 12%; % Change - constant currency: 8% source
• Fiscal 2025 REA Group revenues: $1,250; Fiscal 2026: $1,406; FX impact: $63; Fiscal 2026 constant currency: $1,343; % Change - reported: 12%; % Change - constant currency: 7% source
• Fiscal 2025 Digital Real Estate Services Advertising: $151; Fiscal 2026: $169; FX impact: $2; Fiscal 2026 constant currency: $167; % Change - reported: 12%; % Change - constant currency: 11% source
• Fiscal 2025 Digital Real Estate Services Other: $234; Fiscal 2026: $268; FX impact: $12; Fiscal 2026 constant currency: $256; % Change - reported: 15%; % Change - constant currency: 9% source
• REA Group revenues in the quarter increased $68 million, or 21%, to $386 million. source
• Australian national residential buy listing volumes in the quarter rose 11% compared to the prior year, with listings in Sydney and Melbourne each up 8%. source
• Average monthly unique users of Realtor.com’s web and mobile sites for the fiscal fourth quarter were 68 million, a 6% decrease compared to the prior year. source

Impact estimates