News Corp’s digital real estate services reports 27% growth, net loss $1.1B

News Corp CEO said realtor.com and REA are a core part of the company's success and referenced Zillow's move into the iBuyer industry

LIVE NOW: Inman Connect San Francisco
Tune-in now to catch the livestream. Don't miss this chance to see real estate leaders tackle the industry's top problems.

News Corp’s digital real estate services, which include Move’s realtor.com and Australia-based REA Group, announced its third quarter fiscal year 2018 results Thursday, which boasted $2.10 billion in revenue — a 6 percent increase from the year prior.