I think REA will do worse
1. Real estate is one of the asset classes with the most anchoring bias. Sellers would hate selling below their purchasing price or their "perceived worth". I believe in that scenario advertised volume will head south.
2. Australian market is unique because the transaction cost with stamp duty is ridiculous. House flipping is less prevalent than in the States. I think that is one of the other reasons sellers will go on strike if the prices are too low.
3. This is high multiple equities which every way you look at
4. DON"T FIGHT THE FED. This is one like getting into a boxing ring with Mr. Tyson in his prime. You lose every time and probably lose half a ear lobe in the process.
REA having a bear market rally?, page-3
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add REA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$196.37 |
Change
0.010(0.01%) |
Mkt cap ! $25.92B | |||
| Open | High | Low | Value | Volume |
| $198.00 | $198.64 | $196.02 | $11.05M | 56.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 20 | $196.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $196.44 | 2 | 1 |
View Market Depth
| Last trade - 14.36pm 28/06/2024 (20 minute delay) ? |
| REA (ASX) Chart |