Company: HOUS
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001398987-25-000116
Chunk: 173

Company: Anywhere Real Estate Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 2
Chunk 173
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 Compass, agreeing to, among other things vote their shares in favor of adopting the Merger Agreement and to restrict transfers, subject to limited exceptions.

See Part II, "Item 1A. Risk Factors" for a discussion of risks related to the Merger.

CURRENT BUSINESS AND INDUSTRY TRENDS

Housing affordability concerns, inventory constraints and high mortgage rates, combined with broader macroeconomic uncertainty, including geopolitical instability, shifting trade dynamics, and declining consumer confidence, have continued to contribute to a challenging operating environment during 2025.

For the three months ended September 30, 2025, Franchise Group saw a 7% increase in volume, calculated as the number of closed homesale sides multiplied by the average homesale price, and Owned Brokerage Group experienced a 6% increase in volume, both as compared to the same period in prior year. The number of closed homesale sides for Franchise Group increased 2% and the average homesale price increased 5% for the three months ended September 30, 2025 as compared to the same period in 2024. Similarly, Owned Brokerage Group reported a 2% increase in closed homesale sides and the average homesale price increased 5% for the three months ended September 30, 2025 as compared to the same period in 2024.

For the nine months ended September 30, 2025, Franchise Group saw a 4% increase in volume and Owned Brokerage Group experienced a 5% increase in volume, both as compared to the same period in prior year. The positive volume in the first nine months of 2025 was driven entirely by price at both Franchise Group and Owned Brokerage Group. Specifically, the number of closed homesale sides for Franchise Group decreased by 2% in the first nine months of 2025 as compared to the same period in 2024, while the average homesale price increased by 6%. Similarly, Owned Brokerage Group reported a 1% decrease in closed homesale sides in the first nine months of 2025 as compared to the same period in 2024, while the average homesale price increased 6%.

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The graphic below shows the percentage change in combined volume for the Company by quarter for 2024 and 2025 as compared with the same period in the prior year, demonstrating that volume growth has been driven almost entirely by increasing average homesale price:

For the first nine months of 2025, as of