NWS · 8-K · 20260805PR000171

Macroeconomic Consumer Pressure

NEWS CORP · 2026-08-05 · Importance 22 · Surprise 32

Realtor.com’s average monthly unique users declined 6% year over year in the fiscal fourth quarter. Management attributed the decline primarily to broader macroeconomic trends and a focus on higher-quality leads. Despite lower unique users, lead volumes increased 1% year over year and Realtor.com’s share of visits to U.S. real estate portals reached 33%.