Friday, 2 November 2018

Amid “volatile” housing market, Realogy’s revenue stagnates

Realogy Holdings’ revenue was flat during the third quarter while transaction volume rose just 1 percent, which executives on Friday attributed to the national housing slowdown. The New Jersey-based conglomerate, which last week said it planned to double down on its franchise business, reported $1.68 billion in third-quarter revenue, up $2 million year-over-year. Net income rose 8.4 percent year-over-year to $103 million, compared to $95 million. But shares of Realogy were down more than 10 […]



source https://therealdeal.com/2018/11/02/amid-volatile-market-realogys-revenue-stagnates/

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