In February, the number of newly listed homes rose by 4.2% compared to last year, which is a bit slower than the increase seen in January. The total number of homes available for sale has gone up by 27.5% compared to the previous year. According to the February Monthly Housing Report from Realtor.com®, more sellers are adjusting their prices, with the percentage of homes having price reductions increasing from 14.6% to 16.8% since last February.
As of February 18, 2025, the average median asking rent in the U.S. is $1,703, which is a slight decrease of 0.2% compared to last year. Most metropolitan areas have become more affordable for both renters and buyers, but renting a median-priced unit remains cheaper for those earning a median wage, except in Detroit and Pittsburgh. Last year, there were six markets where buying was cheaper than renting, highlighting the ongoing decline in rental prices alongside high mortgage rates.
News Corporation's Q2 2025 results were better than anticipated, with revenue growing by 4.8% to reach $2.24 billion and earnings per share rising to $0.40, which boosted stock prices. The main areas of growth were the Dow Jones segment, Digital Real Estate Services, and Book Publishing, although the News Media segment experienced a small drop in revenue. Additionally, the sale of Foxtel Group to DAZN and collaborations with Microsoft and OpenAI show the company's strategy to make the most of its assets and content.
A new non-surgical facial regeneration platform called SomaCell™ was launched by the New York medical aesthetic clinic IT Intelligent Treatment. The event took place before NY Fashion Week and was attended by media and influencers, including Page Six's Elana Fishman. This innovative treatment aims to change the way non-surgical facelifts are approached.
In January, there was a significant rise in seller activity, with newly listed homes increasing by 37.5% compared to the previous month. Additionally, the number of homes for sale rose by 24.6% compared to last year, and the proportion of listings with price reductions grew by 15.6% from the same time last year. This information comes from the Realtor.com® January Monthly Housing Report, despite the recent rise in mortgage rates.
A recent report from Realtor.com® highlights Edwards, Colorado, and Myrtle Beach, South Carolina.
CAMIRO is a new solution launched by OPIS, a Dow Jones company, that offers detailed insights for professionals working on carbon compliance and clean-fuels strategies. Set to be available worldwide in February, it will provide weekly reports that give customers up-to-date information on regulatory changes and carbon compliance costs. This tool aims to help businesses, investors, and traders effectively manage their carbon strategies during the energy transition.
People in the U.S. still have a positive view of owning a home, seeing it as an important life goal. However, the question remains whether homeownership is still considered essential for creating long-term wealth. This discussion is taking place in Santa Clara, California.
In December 2024, the number of homes available for sale increased for the 14th consecutive month, showing a 22.0% rise compared to the previous year. There were 0.9% more new listings than in December 2023, but homes took an average of 70 days to sell, making it the slowest December in five years. This information comes from the December Monthly Housing Trends Report by Realtor.com®.
The sports streaming service DAZN has decided to purchase News Corp's Australian cable TV division, Foxtel, for A$3.4 billion (around $2 billion), which includes debt.