ANYWHERE REAL ESTATE INC. REPORTS SECOND QUARTER 2025 FINANCIAL RESULTS

MADISON, N.J., July 29, 2025 /PRNewswire/ — Anywhere Real Estate Inc. (NYSE: HOUS) (“Anywhere” or the “Company”), a global leader in residential real estate services, today reported financial results for the second quarter ended June 30, 2025.

“Momentum from improving volume trends in June 2025 carried into July, with open volume up 9% year-over-year through July 21,” said Ryan Schneider, Anywhere Real Estate Inc. President and CEO. “Anywhere is driving a bold transformation of the real estate industry, empowering agents and franchisees through advanced AI, digital innovation, and the strategic scale of integrated businesses.”

“We have enhanced financial flexibility following our $500 million bond issuance, with no meaningful note maturities until 2029,” said CFO Charlotte Simonelli, Anywhere EVP, CFO and Treasurer. “We remain on track to deliver our full year guidance.” 

Second Quarter 2025 Highlights

• Generated Revenue of $1.7 billion, an increase of $13 million year-over-year.
• Reported Net Income attributable to Anywhere of $27 million, an improvement of $3 million year-over-year. Adjusted Net Income of $36 million decreased $4 million versus second quarter of 2024 (See Table 1a).
• Operating EBITDA of $133 million (See Table 5a).
• Improved financial flexibility by proactively raising $500 million in new debt, extending maturities and improving our capital structure.
• Combined closed transaction volume for the quarter was flat year-over-year, with units down about 4% and price up 4%.
• Continued strength in luxury with Coldwell Banker Global Luxury, Corcoran, and Sotheby’s International Realty brands significantly outperforming the market, with closed transaction volume increasing 3.5% year-over-year.
• Momentum improved into July, with closed transaction volume up mid-single digits year-over-year as of July 21, driven by gains in both sides and price. Open volume rose 9% through July 21, supported by increases in sides and price, while Advisor listings grew 11% year-over-year.
• Welcomed 13 new US franchisees and added three new international expansions to our high-margin franchise network in the second quarter.
• Realized cost savings of $25 million in the second quarter of 2025 and on track to deliver $100 million for full year 2025.
• Free Cash Flow of negative $5 million in the second quarter of 2025 (including a one-time $41 million legacy tax matter payment and a $25 million unfavorable impact from securitization timing) (See Table 7).

Second Quarter 2025 Financial Highlights

The following table sets forth the Company’s financial highlights for the periods presented (in millions, except per share data) (unaudited):