Douglas Elliman’s revenue declined in Q2 as the housing market — particularly the luxury sector — struggled with slower activity, the company said in its third earnings report as a public company. Continue reading
Net loss decreased 31 percent year over year as office occupancy returned to pre-pandemic levels, according to a Q2 earnings report released Thursday by WeWork. Continue reading
The real estate franchise giant posted higher revenues and expanded profits even as the company downgraded expectations amid a slowing market, according to an earnings report Thursday. Continue reading
Market headwinds pushed Zillow Q2 revenues down 23 percent to $1 billion. Despite the declines, Zillow is pushing forward with major initiatives including a new partnership with former rival Opendoor. Continue reading
The brokerage’s revenue grew 52 percent annually during the second quarter, reaching $128.2 million, up from $84.2 million, according to an earnings report released Thursday. Continue reading
Redfin reported $606.9 million in second-quarter revenue, a 29 percent increase compared to the second quarter of 2021, in an earnings report released Thursday afternoon following the close of markets. Continue reading
Offerpad recorded a gross profit of $93 million, an 83 percent annual increase and its third straight profitable quarter, according to a Q2 earnings report released Wednesday afternoon. Continue reading
The real estate company’s revenue increased 42 percent annually to $1.4 billion, and its gross profits increase 34 percent compared to the second quarter of 2021, according to a Q2 earnings report Wednesday. Continue reading