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
$237.85 |
Change
-0.310(0.13%) |
Mkt cap ! $31.45B | |||
| Open | High | Low | Value | Volume |
| $238.19 | $240.89 | $237.20 | $3.427M | 14.37K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7 | $237.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $237.93 | 13 | 3 |
View Market Depth
| Last trade - 11.30am 09/09/2025 (20 minute delay) ? |
| REA (ASX) Chart |