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Stock impact report

Realtor.com® April Housing Report: The Required Household Income to Purchase a Home Exceeds $250,000 in Four California Metros

News Corporation - Class A (NWSA) 
Last news corporation - class a earnings: 2/6 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
Company Research Source: PR Newswire
The South Leads the Way in Affordable Inventory GrowthSANTA CLARA, Calif., May 2, 2024 /PRNewswire/ -- According to the Realtor.com® April housing data, the national required household income to purchase the median priced home rose to $116,000, up $5,900 from a year ago, after accounting for the cost of tax and insurance. For hopeful buyers in California's major metros of Los Angeles, San Diego, San Francisco and San Jose the household income required to purchase the median-priced home is over double the national figure.April 2024 Housing Metrics – NationalMetricChange over Apr 2023Change over Apr 2019Median listing price+0% (to $430,000)+36.5 %Active listings+30.4 %-35.4 %New listings+12.1 %-21.8 %Median days on market+1 days (to 47 days) -7 daysShare of active listings with price reductions+3.2 percentage points (to 15.5%)+1.0 percentage points"California is a fascinating market not only because the income-required figures are an eye-popping quarter of a million dollars, but because Show less Read more
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