{"success":true,"data":{"pressRelease":{"id":"140005","rtpr_id":"nPnc8WJdVa-20260910","ticker":"NWSA","exchange":"NASDAQ","all_tickers":["NWSA"],"title":"Realtor.com® August Luxury Housing Report: National Luxury Threshold Falls as Local Markets Diverge","author":"PR Newswire","published_at":"2026-09-10T10:00:02.468Z","article_body":"Realtor.com® August Luxury Housing Report: National Luxury Threshold Falls as Local Markets Diverge\n\nPR Newswire\n\nAUSTIN, Texas, Sept. 10, 2026\n\nHilo-Kailua, Hawaii, posted the widest gap between the top 10% and top 1% of\nlistings, while Los Angeles claimed the nation's highest entry point to luxury\n\nAUSTIN, Texas, Sept. 10, 2026 /PRNewswire/ -- The national entry point to\nluxury housing fell to $1,200,005 in August, down 4.0% from July and a year\nago, marking the 29th consecutive month of annual declines, according to the\nRealtor.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4770697-1&h=4166944406&u=https%3A%2F%2Fwww.realtor.com%2Fresearch%2Faugust-2026-luxury&a=Realtor.com)\n(®)\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4770697-1&h=37072501&u=https%3A%2F%2Fwww.realtor.com%2Fresearch%2Faugust-2026-luxury&a=%C2%AE)\n August Luxury Housing Report\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4770697-1&h=3316146341&u=https%3A%2F%2Fwww.realtor.com%2Fresearch%2Faugust-2026-luxury&a=%C2%A0August+Luxury+Housing+Report)\n released today.\n\nPrice thresholds declined across every luxury tier, with the threshold for the\ntop 5% of listings down 4.2% year over year and the top 1% down 4.6%. At the\nsame time, the distance between where luxury begins and where ultraluxury\nstarts varies sharply by market.\n\nLuxury listings also moved faster than a year ago. Listings at the 90th\npercentile spent a median of 74 days on the market, four days fewer than last\nAugust, though seven days more than in July.\n\n\"Luxury is not defined by one national price point,\" said Anthony Smith,\nsenior economist at Realtor.com(®). \"The distance between the top 10% and\nthe top 1% shows how each market is structured. Some have a broad, deep luxury\ntier, while others pair a more accessible high-end market with a small group\nof trophy properties.\"\n\nNational Luxury Overview — August 2026\n\nWhile seasonal easing is typical at this point in the year, the monthly\ndecline was steeper than usual. Higher tiers also declined, with the\n95th-percentile threshold falling to $1,894,230 and the 99th-percentile\nthreshold declining to $5,163,712.\n Pricing August 2026 Monthly Change YoY Change\n Luxury Threshold 90th Percentile $1,200,005 -4.0 % -4.0 %\n High-End Luxury Threshold 95th Percentile $1,894,230 -4.1 % -4.2 %\n Ultra Luxury Threshold 99th Percentile $5,163,712 -4.9 % -4.6 %\n Million-Dollar Listing Share 12.7 % -0.5pp -0.5pp\n\nListings at the 95th percentile spent 82 days on the market, while those at\nthe 99th percentile spent 98 days. The typical listing spent 60 days on the\nmarket, unchanged from August 2025.\n\n\"August shows a luxury market in recalibration, with mixed signals across\nmeasures,\" Smith said. \"Listings are moving faster than a year ago, but price\nthresholds and the share of million-dollar listings are lower, while the\nmarket has slowed from midsummer. The data point to a market adjusting in\nseveral directions at once.\"\n\nLos Angeles Claims the Highest Entry Point to Luxury\n\nThe Los Angeles metro claimed the highest entry point to luxury in August at\n$3,919,381, despite a 1.9% monthly decline. Kahului-Wailuku, Hawaii, followed\nat $3,908,500, while Bridgeport-Stamford-Danbury, Conn., fell to third at\n$3,881,000 after declining 6.0% for the month. Less than 1% separates the\nthree markets.\n\nNaples-Marco Island, Fla., and San Jose-Sunnyvale-Santa Clara, Calif., were\nthe only markets among the 10 most expensive to post monthly gains. Naples\nrose 1.1% to $3,736,279 and is up 9.4% from a year ago. San Jose rose 0.8% to\n$3.300,000 million, marking its second consecutive monthly gain.\n\nThe Bay Area's high-end market also continues to reflect wealth dynamics tied\nto the technology sector. A recent Realtor.com(® )analysis suggests that AI\nequity liquidity\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4770697-1&h=1685140012&u=https%3A%2F%2Fwww.realtor.com%2Fresearch%2Fai-housing-market-2026%2F&a=AI+equity+liquidity)\nis helping keep Bay Area luxury down payments elevated as technology workers\nconvert equity into cash and direct it toward home purchases.\n\nTop 10 Most Expensive Metropolitan Luxury Markets\n Rank Area 10% Most Expensive Listings Start at: 10% Most Expensive MoM 10% Most Expensive YoY Average Annual Million-Dollar Listings Count Multiple to National Luxury Entry\n 1 Los Angeles-Long Beach-Anaheim, CA $3,919,381 -1.9 % -1.9 % 9,173 3.3\n 2 Kahului-Wailuku, HI $3,908,500 -1.1 % 0.2 % 709 3.3\n 3 Bridgeport-Stamford-Danbury, CT $3,881,000 -6.0 % -1.7 % 524 3.2\n 4 Naples-Marco Island, FL $3,736,279 1.1 % 9.4 % 2,123 3.1\n 5 San Jose-Sunnyvale- Santa Clara, CA $3,300,000 0.8 % -5.6 % 1,074 2.7\n 6 Oxnard-Thousand Oaks-Ventura, CA $2,800,000 -5.1 % -9.7 % 629 2.3\n 7 Crestview-Fort Walton Beach-Destin, FL $2,798,930 -0.2 % -1.8 % 1,328 2.3\n 8 San Diego-Chula Vista-Carlsbad, CA $2,706,854 -2.2 % -6.7 % 2,214 2.3\n 9 New York-Newark- Jersey City, NY-NJ $2,587,959 -9.3 % -10.4 % 11,437 2.2\n 10 Atlantic City- Hammonton, NJ $2,499,000 -4.5 % 2.3 % 541 2.1\n\nWhere Luxury Separates\n\nLuxury markets vary in how far prices extend beyond the entry point.\nNationally, the top 1% of listings starts at $5.16 million, or 4.3 times the\n$1.2 million luxury threshold. Hilo-Kailua has the widest gap at 6.2 times its\nlocal threshold, followed by Miami-Fort Lauderdale-West Palm Beach at 5.8 and\nLos Angeles-Long Beach-Anaheim and Port St. Lucie, Fla., at 5.6.\n\nMiami also illustrates the depth of the market: nearly 41,000 listings put\nroughly 400 homes in its top 1%, while Los Angeles, Miami and New York have\nthe nation's largest pools of $10 million-plus listings, with 634, 601 and\n554, respectively.\n\nLargest Gaps Between Entry and Ultraluxury\n Rank Area 10% Most Expensive Listings Start at: 1% Most Expensive Listings Start at: Multiple to Entry Luxury Total Listing Count Median Days on Market - Million Dollar Listings\n USA $1,200,005 $5,163,712 4.3 1,140,035 72\n 1 Hilo-Kailua, HI* $1,995,000 $12,397,360 6.2 1,387 89\n 2 Miami-FortLauderdale- West Palm Beach, FL $2,247,350 $12,959,762 5.8 40,908 96\n 3 Los Angeles-Long Beach-Anaheim, CA $3,919,381 $21,961,624 5.6 20,134 54\n 4 Port St. Lucie, FL* $1,099,578 $6,159,000 5.6 4,006 95\n 5 Reno, NV* $1,999,999 $10,851,000 5.4 1,493 76\n 6 New York-Newark- Jersey City, NY-NJ $2,587,959 $13,762,453 5.3 36,676 70\n 7 Key West-Key Largo, FL* $4,510,000 $23,086,667 5.1 1,226 115\n 8 Kahului-Wailuku, HI* $3,908,500 $17,836,000 4.6 1,400 115\n 9 Phoenix-Mesa-Chandler, AZ $1,240,243 $5,561,726 4.5 17,707 82\n 10 Las Vegas-Henderson- North Las Vegas, NV $1,180,106 $5,273,033 4.5 10,788 71\n 11 Kiryas Joel- Poughkeepsie- Newburgh, NY* $1,200,000 $5,335,500 4.4 2,050 86\n 12 Naples-Marco Island, FL* $3,736,279 $16,550,000 4.4 4,676 119\n 13 Sebastian-Vero Beach- West Vero Corridor, FL* $1,798,500 $7,831,500 4.4 1,375 136\n 14 Cape Coral-Fort Myers, FL $1,095,543 $4,738,247 4.3 9,351 136\n\n*Markets with fewer than 5,000 total listings; all markets shown have at least\n1,200 total listings.\n\nEditor's note: The July Luxury Housing release referred to a 29-month streak.\nThe correct count for July was 28 months; with August's decline, the streak\nnow stands at 29 consecutive months.\n\nMethodology\n\nAll data in this report is sourced from Realtor.com(®) listing trends as of\nAugust 2026, reflecting active inventory of existing homes, including\nsingle-family residences, condos, townhomes, row homes and co-ops. Listings\nreflect only those provided by MLS platforms to Realtor.com(®) via a listing\nfeed. New-construction listings are excluded unless actively listed on\nparticipating MLSs.\n\nLuxury segmentation is based on market-specific price percentiles, with the\n90th percentile representing entry-level luxury, the 95th percentile marking\nhigh-end luxury and the 99th percentile indicating ultraluxury. All\ncalculations are based on listing prices, not final sales prices.\n\nMetropolitan and micropolitan areas are defined using the Office of Management\nand Budget's OMB-2023 delineations, with Claritas 2025 household estimates\nused for relative comparisons. Where appropriate, analysis was limited to\nmetros or micros with a minimum threshold of active million-dollar listings on\naverage over the past year.\n\nHistorical listing trend data extends to July 2016, but year-over-year\ncomparisons in this report use August 2025 as the baseline.\n\nLuxury by the Numbers\n\n90th percentile = Entry-level luxury (top 10% of prices)\n\n95th percentile = High-end luxury\n\n99th percentile = Ultraluxury (often rare or custom properties)\n\nAbout Realtor.com(®)\n\nFor over 30 years, Realtor.com(®) has connected buyers, sellers, and renters\nwith trusted insights, professional guidance, and powerful tools to help them\nfind their perfect home. Recognized as the No. 1 real estate site\nREALTOR(®) agents recommend, Realtor.com(® )delivers consumer connections\nand a robust suite of marketing tools to support business growth.\nRealtor.com(®) is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS,\nNWSLV] subsidiary Move, Inc.\n\nMedia contact: Janice McDill, press@realtor.com (mailto:press@realtor.com)\n\nView original\ncontent:https://www.prnewswire.com/news-releases/realtorcom-august-luxury-housing-report-national-luxury-threshold-falls-as-local-markets-diverge-302874362.html\n(https://www.prnewswire.com/news-releases/realtorcom-august-luxury-housing-report-national-luxury-threshold-falls-as-local-markets-diverge-302874362.html)\n\nSOURCE Realtor.com\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPnc8WJdVa-20260910","title":"Realtor.com® August Luxury Housing Report: National Luxury Threshold Falls as Local Markets Diverge","author":"PR Newswire","ticker":"NWSA","created":"2026-09-10T10:00:02.468Z","tickers":["NWSA"],"exchange":"NASDAQ","article_body":"Realtor.com® August Luxury Housing Report: National Luxury Threshold Falls as Local Markets Diverge\n\nPR Newswire\n\nAUSTIN, Texas, Sept. 10, 2026\n\nHilo-Kailua, Hawaii, posted the widest gap between the top 10% and top 1% of\nlistings, while Los Angeles claimed the nation's highest entry point to luxury\n\nAUSTIN, Texas, Sept. 10, 2026 /PRNewswire/ -- The national entry point to\nluxury housing fell to $1,200,005 in August, down 4.0% from July and a year\nago, marking the 29th consecutive month of annual declines, according to the\nRealtor.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4770697-1&h=4166944406&u=https%3A%2F%2Fwww.realtor.com%2Fresearch%2Faugust-2026-luxury&a=Realtor.com)\n(®)\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4770697-1&h=37072501&u=https%3A%2F%2Fwww.realtor.com%2Fresearch%2Faugust-2026-luxury&a=%C2%AE)\n August Luxury Housing Report\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4770697-1&h=3316146341&u=https%3A%2F%2Fwww.realtor.com%2Fresearch%2Faugust-2026-luxury&a=%C2%A0August+Luxury+Housing+Report)\n released today.\n\nPrice thresholds declined across every luxury tier, with the threshold for the\ntop 5% of listings down 4.2% year over year and the top 1% down 4.6%. At the\nsame time, the distance between where luxury begins and where ultraluxury\nstarts varies sharply by market.\n\nLuxury listings also moved faster than a year ago. Listings at the 90th\npercentile spent a median of 74 days on the market, four days fewer than last\nAugust, though seven days more than in July.\n\n\"Luxury is not defined by one national price point,\" said Anthony Smith,\nsenior economist at Realtor.com(®). \"The distance between the top 10% and\nthe top 1% shows how each market is structured. Some have a broad, deep luxury\ntier, while others pair a more accessible high-end market with a small group\nof trophy properties.\"\n\nNational Luxury Overview — August 2026\n\nWhile seasonal easing is typical at this point in the year, the monthly\ndecline was steeper than usual. Higher tiers also declined, with the\n95th-percentile threshold falling to $1,894,230 and the 99th-percentile\nthreshold declining to $5,163,712.\n Pricing August 2026 Monthly Change YoY Change\n Luxury Threshold 90th Percentile $1,200,005 -4.0 % -4.0 %\n High-End Luxury Threshold 95th Percentile $1,894,230 -4.1 % -4.2 %\n Ultra Luxury Threshold 99th Percentile $5,163,712 -4.9 % -4.6 %\n Million-Dollar Listing Share 12.7 % -0.5pp -0.5pp\n\nListings at the 95th percentile spent 82 days on the market, while those at\nthe 99th percentile spent 98 days. The typical listing spent 60 days on the\nmarket, unchanged from August 2025.\n\n\"August shows a luxury market in recalibration, with mixed signals across\nmeasures,\" Smith said. \"Listings are moving faster than a year ago, but price\nthresholds and the share of million-dollar listings are lower, while the\nmarket has slowed from midsummer. The data point to a market adjusting in\nseveral directions at once.\"\n\nLos Angeles Claims the Highest Entry Point to Luxury\n\nThe Los Angeles metro claimed the highest entry point to luxury in August at\n$3,919,381, despite a 1.9% monthly decline. Kahului-Wailuku, Hawaii, followed\nat $3,908,500, while Bridgeport-Stamford-Danbury, Conn., fell to third at\n$3,881,000 after declining 6.0% for the month. Less than 1% separates the\nthree markets.\n\nNaples-Marco Island, Fla., and San Jose-Sunnyvale-Santa Clara, Calif., were\nthe only markets among the 10 most expensive to post monthly gains. Naples\nrose 1.1% to $3,736,279 and is up 9.4% from a year ago. San Jose rose 0.8% to\n$3.300,000 million, marking its second consecutive monthly gain.\n\nThe Bay Area's high-end market also continues to reflect wealth dynamics tied\nto the technology sector. A recent Realtor.com(® )analysis suggests that AI\nequity liquidity\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4770697-1&h=1685140012&u=https%3A%2F%2Fwww.realtor.com%2Fresearch%2Fai-housing-market-2026%2F&a=AI+equity+liquidity)\nis helping keep Bay Area luxury down payments elevated as technology workers\nconvert equity into cash and direct it toward home purchases.\n\nTop 10 Most Expensive Metropolitan Luxury Markets\n Rank Area 10% Most Expensive Listings Start at: 10% Most Expensive MoM 10% Most Expensive YoY Average Annual Million-Dollar Listings Count Multiple to National Luxury Entry\n 1 Los Angeles-Long Beach-Anaheim, CA $3,919,381 -1.9 % -1.9 % 9,173 3.3\n 2 Kahului-Wailuku, HI $3,908,500 -1.1 % 0.2 % 709 3.3\n 3 Bridgeport-Stamford-Danbury, CT $3,881,000 -6.0 % -1.7 % 524 3.2\n 4 Naples-Marco Island, FL $3,736,279 1.1 % 9.4 % 2,123 3.1\n 5 San Jose-Sunnyvale- Santa Clara, CA $3,300,000 0.8 % -5.6 % 1,074 2.7\n 6 Oxnard-Thousand Oaks-Ventura, CA $2,800,000 -5.1 % -9.7 % 629 2.3\n 7 Crestview-Fort Walton Beach-Destin, FL $2,798,930 -0.2 % -1.8 % 1,328 2.3\n 8 San Diego-Chula Vista-Carlsbad, CA $2,706,854 -2.2 % -6.7 % 2,214 2.3\n 9 New York-Newark- Jersey City, NY-NJ $2,587,959 -9.3 % -10.4 % 11,437 2.2\n 10 Atlantic City- Hammonton, NJ $2,499,000 -4.5 % 2.3 % 541 2.1\n\nWhere Luxury Separates\n\nLuxury markets vary in how far prices extend beyond the entry point.\nNationally, the top 1% of listings starts at $5.16 million, or 4.3 times the\n$1.2 million luxury threshold. Hilo-Kailua has the widest gap at 6.2 times its\nlocal threshold, followed by Miami-Fort Lauderdale-West Palm Beach at 5.8 and\nLos Angeles-Long Beach-Anaheim and Port St. Lucie, Fla., at 5.6.\n\nMiami also illustrates the depth of the market: nearly 41,000 listings put\nroughly 400 homes in its top 1%, while Los Angeles, Miami and New York have\nthe nation's largest pools of $10 million-plus listings, with 634, 601 and\n554, respectively.\n\nLargest Gaps Between Entry and Ultraluxury\n Rank Area 10% Most Expensive Listings Start at: 1% Most Expensive Listings Start at: Multiple to Entry Luxury Total Listing Count Median Days on Market - Million Dollar Listings\n USA $1,200,005 $5,163,712 4.3 1,140,035 72\n 1 Hilo-Kailua, HI* $1,995,000 $12,397,360 6.2 1,387 89\n 2 Miami-FortLauderdale- West Palm Beach, FL $2,247,350 $12,959,762 5.8 40,908 96\n 3 Los Angeles-Long Beach-Anaheim, CA $3,919,381 $21,961,624 5.6 20,134 54\n 4 Port St. Lucie, FL* $1,099,578 $6,159,000 5.6 4,006 95\n 5 Reno, NV* $1,999,999 $10,851,000 5.4 1,493 76\n 6 New York-Newark- Jersey City, NY-NJ $2,587,959 $13,762,453 5.3 36,676 70\n 7 Key West-Key Largo, FL* $4,510,000 $23,086,667 5.1 1,226 115\n 8 Kahului-Wailuku, HI* $3,908,500 $17,836,000 4.6 1,400 115\n 9 Phoenix-Mesa-Chandler, AZ $1,240,243 $5,561,726 4.5 17,707 82\n 10 Las Vegas-Henderson- North Las Vegas, NV $1,180,106 $5,273,033 4.5 10,788 71\n 11 Kiryas Joel- Poughkeepsie- Newburgh, NY* $1,200,000 $5,335,500 4.4 2,050 86\n 12 Naples-Marco Island, FL* $3,736,279 $16,550,000 4.4 4,676 119\n 13 Sebastian-Vero Beach- West Vero Corridor, FL* $1,798,500 $7,831,500 4.4 1,375 136\n 14 Cape Coral-Fort Myers, FL $1,095,543 $4,738,247 4.3 9,351 136\n\n*Markets with fewer than 5,000 total listings; all markets shown have at least\n1,200 total listings.\n\nEditor's note: The July Luxury Housing release referred to a 29-month streak.\nThe correct count for July was 28 months; with August's decline, the streak\nnow stands at 29 consecutive months.\n\nMethodology\n\nAll data in this report is sourced from Realtor.com(®) listing trends as of\nAugust 2026, reflecting active inventory of existing homes, including\nsingle-family residences, condos, townhomes, row homes and co-ops. Listings\nreflect only those provided by MLS platforms to Realtor.com(®) via a listing\nfeed. New-construction listings are excluded unless actively listed on\nparticipating MLSs.\n\nLuxury segmentation is based on market-specific price percentiles, with the\n90th percentile representing entry-level luxury, the 95th percentile marking\nhigh-end luxury and the 99th percentile indicating ultraluxury. All\ncalculations are based on listing prices, not final sales prices.\n\nMetropolitan and micropolitan areas are defined using the Office of Management\nand Budget's OMB-2023 delineations, with Claritas 2025 household estimates\nused for relative comparisons. Where appropriate, analysis was limited to\nmetros or micros with a minimum threshold of active million-dollar listings on\naverage over the past year.\n\nHistorical listing trend data extends to July 2016, but year-over-year\ncomparisons in this report use August 2025 as the baseline.\n\nLuxury by the Numbers\n\n90th percentile = Entry-level luxury (top 10% of prices)\n\n95th percentile = High-end luxury\n\n99th percentile = Ultraluxury (often rare or custom properties)\n\nAbout Realtor.com(®)\n\nFor over 30 years, Realtor.com(®) has connected buyers, sellers, and renters\nwith trusted insights, professional guidance, and powerful tools to help them\nfind their perfect home. Recognized as the No. 1 real estate site\nREALTOR(®) agents recommend, Realtor.com(® )delivers consumer connections\nand a robust suite of marketing tools to support business growth.\nRealtor.com(®) is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS,\nNWSLV] subsidiary Move, Inc.\n\nMedia contact: Janice McDill, press@realtor.com (mailto:press@realtor.com)\n\nView original\ncontent:https://www.prnewswire.com/news-releases/realtorcom-august-luxury-housing-report-national-luxury-threshold-falls-as-local-markets-diverge-302874362.html\n(https://www.prnewswire.com/news-releases/realtorcom-august-luxury-housing-report-national-luxury-threshold-falls-as-local-markets-diverge-302874362.html)\n\nSOURCE Realtor.com\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-09-10T10:00:02.512795068Z","server_sent_at_ms":1789034402512},"received_at":"2026-09-10T10:00:02.570Z","source_url":"https://www.prnewswire.com/news-releases/realtorcom-august-luxury-housing-report-national-luxury-threshold-falls-as-local-markets-diverge-302874362.html"},"analysis":{"id":"128845","press_release_id":"140005","analysis_json":{"industry":{"label":"Media","sector":"Communication Services"},"redFlags":["Editor's note corrects a prior-month error: July's streak was 28 months, not 29 as previously reported","29 consecutive months of YoY declines in the luxury threshold — a soft demand signal relevant to real-estate-services revenue at News Corp's Move segment"],"eventType":"other","narrative":"Realtor.com's August Luxury Housing Report put the national entry point to luxury housing at $1,200,005 in August, down 4.0% from July and from a year earlier — the 29th consecutive month of annual declines.\n\nEvery luxury tier eased: the 95th-percentile threshold fell to $1,894,230 (down 4.2% year over year), the 99th-percentile threshold to $5,163,712 (down 4.6%), and the million-dollar listing share slipped to 12.7%.\n\nLos Angeles claimed the nation's highest luxury entry point at $3,919,381, while Hilo-Kailua, Hawaii, showed the widest gap between entry-level and ultraluxury at 6.2 times its local threshold.\n\nRealtor.com is operated by Move, Inc., a News Corp subsidiary, so this report is branded research content rather than a financial disclosure, with no direct earnings or guidance impact on the filer.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Recurring monthly research content from Move/Realtor.com — notable housing data but no NWSA financial impact; suppress from alerting."},"keyFigures":{"customDimensions":{"threshold_95th_pct":1894230,"threshold_99th_pct":5163712,"median_dom_90th_pct":74,"median_dom_95th_pct":82,"median_dom_99th_pct":98,"typical_listing_dom":60,"total_active_listings":1140035,"threshold_95th_pct_yoy":"-4.2%","threshold_99th_pct_yoy":"-4.6%","luxury_threshold_90th_pct":1200005,"highest_luxury_entry_metro":"Los Angeles-Long Beach-Anaheim, CA at $3,919,381","million_dollar_listing_share":"12.7%","luxury_threshold_90th_pct_mom":"-4.0%","luxury_threshold_90th_pct_yoy":"-4.0%","consecutive_months_yoy_threshold_declines":29}},"quotedText":"August shows a luxury market in recalibration, with mixed signals across measures","namedEntities":{"people":[{"name":"Anthony Smith","role":"senior economist at Realtor.com"},{"name":"Janice McDill","role":"media contact, Realtor.com"}],"products":["Realtor.com August Luxury Housing Report","Realtor.com"],"companies":[{"name":"News Corp","ticker":"NWSA","relationship":"filer; parent of Move, Inc."},{"name":"Realtor.com","relationship":"research report publisher, operated by Move, Inc."},{"name":"Move, Inc.","relationship":"News Corp subsidiary operating Realtor.com"}],"dollarAmounts":[{"amount":"$1,200,005","context":"national luxury entry threshold (90th percentile), August 2026, down 4.0% MoM and YoY"},{"amount":"$1,894,230","context":"high-end luxury threshold (95th percentile)"},{"amount":"$5,163,712","context":"ultraluxury threshold (99th percentile)"},{"amount":"$3,919,381","context":"Los Angeles metro luxury entry point, highest in the nation"},{"amount":"$3,736,279","context":"Naples-Marco Island luxury entry point, up 9.4% YoY"}]},"materialImpact":{"score":1,"reasoning":"Routine monthly research publication from Realtor.com, a Move Inc. subsidiary of the filer. Contains housing market data only — no financial results, guidance, or corporate action affecting News Corp."},"tickerRelevance":{"others":[{"ticker":"NWS","relevance":"same issuer (News Corp Class B common stock, Nasdaq)"},{"ticker":"NWSLV","relevance":"same issuer (ASX-listed listing)"}],"primary":"NWSA"},"globalImportance":12,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap-media-conglomerate","eventGravity":"routine-monthly-research-report","sectorWeight":"housing data of general retail interest","issuerAuthored":true,"householdBrandBoost":"low-moderate (Realtor.com consumer brand)","isFinancialDisclosure":false}},"event_type":"other","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Realtor.com's August Luxury Housing Report put the national entry point to luxury housing at $1,200,005 in August, down 4.0% from July and from a year earlier — the 29th consecutive month of annual declines.\n\nEvery luxury tier eased: the 95th-percentile threshold fell to $1,894,230 (down 4.2% year over year), the 99th-percentile threshold to $5,163,712 (down 4.6%), and the million-dollar listing share slipped to 12.7%.\n\nLos Angeles claimed the nation's highest luxury entry point at $3,919,381, while Hilo-Kailua, Hawaii, showed the widest gap between entry-level and ultraluxury at 6.2 times its local threshold.\n\nRealtor.com is operated by Move, Inc., a News Corp subsidiary, so this report is branded research content rather than a financial disclosure, with no direct earnings or guidance impact on the filer.","key_figures":{"customDimensions":{"threshold_95th_pct":1894230,"threshold_99th_pct":5163712,"median_dom_90th_pct":74,"median_dom_95th_pct":82,"median_dom_99th_pct":98,"typical_listing_dom":60,"total_active_listings":1140035,"threshold_95th_pct_yoy":"-4.2%","threshold_99th_pct_yoy":"-4.6%","luxury_threshold_90th_pct":1200005,"highest_luxury_entry_metro":"Los Angeles-Long Beach-Anaheim, CA at $3,919,381","million_dollar_listing_share":"12.7%","luxury_threshold_90th_pct_mom":"-4.0%","luxury_threshold_90th_pct_yoy":"-4.0%","consecutive_months_yoy_threshold_declines":29}},"named_entities":{"people":[{"name":"Anthony Smith","role":"senior economist at Realtor.com"},{"name":"Janice McDill","role":"media contact, Realtor.com"}],"products":["Realtor.com August Luxury Housing Report","Realtor.com"],"companies":[{"name":"News Corp","ticker":"NWSA","relationship":"filer; parent of Move, Inc."},{"name":"Realtor.com","relationship":"research report publisher, operated by Move, Inc."},{"name":"Move, Inc.","relationship":"News Corp subsidiary operating Realtor.com"}],"dollarAmounts":[{"amount":"$1,200,005","context":"national luxury entry threshold (90th percentile), August 2026, down 4.0% MoM and YoY"},{"amount":"$1,894,230","context":"high-end luxury threshold (95th percentile)"},{"amount":"$5,163,712","context":"ultraluxury threshold (99th percentile)"},{"amount":"$3,919,381","context":"Los Angeles metro luxury entry point, highest in the nation"},{"amount":"$3,736,279","context":"Naples-Marco Island luxury entry point, up 9.4% YoY"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-10T10:01:21.896Z","global_importance":12,"audience_relevance":20,"importance_components":{"tickerTier":"large-cap-media-conglomerate","eventGravity":"routine-monthly-research-report","sectorWeight":"housing data of general retail interest","issuerAuthored":true,"householdBrandBoost":"low-moderate (Realtor.com consumer brand)","isFinancialDisclosure":false}},"durationMs":61249,"modelName":"glm-5.3-flash"}}