My understanding is that property listings on realestate.com.au are low - everyone in Sydney + Melbourne hanging on to their properties while values skyrocket!
Just wait until interest rates go up... REA glory days will be back.
I don't think just investment properties make up enough... need interest rates to go up for both groups (homeowner and investors) to get volumes back on the websites.
News: REA Rea Group says Hy revenue from ordinary activities $337.3 mln, up 16%, page-6
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Last
$201.80 |
Change
0.160(0.08%) |
Mkt cap ! $26.66B | |||
| Open | High | Low | Value | Volume |
| $201.40 | $201.83 | $198.93 | $18.86M | 93.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 102 | $200.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $201.89 | 980 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| REA (ASX) Chart |