Realtor.com parent company Move reports revenue growth in fiscal first quarter
Move, the parent company of Realtor.com, reported fiscal Q1 2027 revenue of $160 million, representing an 8% increase year over year.
FTMQ Real Estate, written by our newsroom0 views
Move, the parent company of Realtor.com, posted $160 million in fiscal first-quarter 2027 revenue, HousingWire reported. The figure represents a 5% increase year over year and marks the eighth consecutive quarter of segment growth for the business. [1]
According to HousingWire, company executives attributed the ongoing momentum to the expansion of RealPRO Select, which carried over performance gains from fiscal year 2026 into the first quarter of fiscal year 2027. News Corp highlighted the financial performance during its quarterly earnings call. [1]
HousingWire reported that leadership cited operational focus and artificial intelligence integration for converting revenue growth despite a difficult real estate environment. The performance occurred within a broader housing market constrained by mortgage rates exceeding 7%. [1]
News Corp acquired Move, Inc. in November 2014 for $950 million. Realtor.com operates under a partnership with the National Association of Realtors, which provides the trademark and domain name but does not control operations. [4]
In short
- Realtor.com reported $160 million in fiscal first-quarter 2027 revenue.
- Quarterly revenue increased 5% year over year, marking eight straight quarters of growth.
- Mortgage rates in the housing market remained above 7% during the period.
- News Corp acquired Move, Inc. for $950 million in November 2014.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]RealPRO Select helps lift Realtor.com revenueHousingWire, 3h ago (the report this story comes from)
Background
- [2]Select Group on Wikipedia
- [3]Wolf Creek ski area on Wikipedia
- [4]Realtor.com on Grokipedia
Our newsroom writes these reports with the help of software, from the 4 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
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