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
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Last
$245.86 |
Change
-2.650(1.07%) |
Mkt cap ! $32.48B | |||
| Open | High | Low | Value | Volume |
| $246.41 | $251.57 | $241.71 | $58.58M | 239.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $243.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $245.98 | 568 | 2 |
View Market Depth
| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| REA (ASX) Chart |