Nov 8 (Reuters) - Online real estate classifieds portal REA Group (REA) said on Friday the Australian residential market remains challenging, but there are signs of a recovery.
REA reported a 14% drop in earnings before interest, tax, depreciation and amortisation (EBITDA) to A$114.9 million ($79.26 million) for the first quarter ended Sept. 30.
"We know the buyers are back and it’s only a matter of time before the sellers follow," said Owen Wilson, REA's chief executive officer. ($1 = 1.4497 Australian dollars)
News: REA Australia's REA Group says local residential market remains challenging
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$247.23 |
Change
-1.160(0.47%) |
Mkt cap ! $32.66B | |||
| Open | High | Low | Value | Volume |
| $247.92 | $248.28 | $244.19 | $61.02M | 247.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 234 | $245.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $247.38 | 144 | 1 |
View Market Depth
| Last trade - 16.10pm 12/08/2025 (20 minute delay) ? |
| REA (ASX) Chart |