MEA 0.00% 59.5¢ mcgrath limited

Ann: Interim Financial Report for Half Year Ended 31 Dec 2023, page-4

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    Noise around transition to franchise, but number of sales/agent has ticked back up over 20 annualised for company owned RE agencies and just under for franchisees. In the franchise business, positive they are ticking up average # sold while also increasing agent count by ~11% v June 2023. Everything says the bottom in the property market was 12 months ago or something.
 
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