Realtor.com® November Rental Report: Even with Rent Declines, Minimum Wage Earners Need Extended Hours to Afford Rents [Yahoo! Finance]
News Corporation - Class B (NWS)
US:NASDAQ Investor Relations:
investors.newscorp.com/investor-relations
Company Research
Source: Yahoo! Finance
To afford the median rent, two minimum wage earners would have to each work 82 hours per week in Nashville, Tenn. , 79 hours in Austin, Texas and 77 hours in Dallas , three metros that saw the largest decline in rent prices SANTA CLARA, Calif. Dec. 16, 2024 /PRNewswire/ -- Rents declined in November, falling by -1.1% year over year to a median of , according to the Realtor.com ® November Rental Report released today. Despite the dip in rents, affordability remains a concern, with minimum wage earners requiring extended working hours to afford a typical rental unit in 44 of the top 50 metros in the United States "Lower rents, combined with stable or increased minimum wages, have offered a break to renters in some metro areas this year, though many minimum wage earners still struggle to find affordable rents," said Danielle Hale , chief economist at Realtor.com ® . "With minimum wages set to increase in more than half of the top 50 markets next year, and a projected 0.1% annual dec
Show less
Read more
Impact Snapshot
Event Time:
NWS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NWS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NWS alerts
High impacting News Corporation - Class B news events
Weekly update
A roundup of the hottest topics
NWS
News
- MSNBC reportedly offers Joy Reid, Stephanie Ruhle pay cuts to stay in anchor chairs [Yahoo! Finance]Yahoo! Finance
- American Homeowners Have More Extra Bedrooms Than Ever, New Realtor.com® Report Reveals [Yahoo! Finance]Yahoo! Finance
- Australia plans new rules forcing Big Tech to continue paying news outlets [Yahoo! Finance Canada]Yahoo! Finance Canada
- Australia plans new rules forcing Big Tech to continue paying news outlets [Yahoo! Finance Canada]Yahoo! Finance Canada
- Chris Guenther Appointed as a Strategic Advisor at Mercurius Media Capital [Yahoo! Finance]Yahoo! Finance