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Realogy transactions soar 44% thanks to white-hot market

Written by bradford_lin | May 2, 2021 10:37:02 PM

Last year, Realogy and other brokerages were bracing for a housing slowdown. It never came.

On Thursday, the brokerage giant said transactions soared 44 percent during the first quarter of 2021, marking the third quarter of consecutive gains. The company reeled in $33 million in profits, compared to a staggering $462 million loss during the same period last year (which included a $447 million impairment charge).