Latest news with #realestatecomau
News.com.au
2 days ago
- Business
- News.com.au
Auction volumes ‘robust' following May interest rate cut
REA Group Senior Economist Eleanor Creagh discusses the robustness of auction volumes following the May interest rate cut. 'Auction activity is a little bit quieter this week than this same corresponding week last year,' Ms Creagh told Sky News Business Reporter Ed Boyd. 'We have seen that auction volumes have been pretty robust over the past few weeks, with interest rates falling again in May. 'On the demand side of things, the same goes.' In partnership with
News.com.au
09-05-2025
- Business
- News.com.au
REA Group posts ‘pleasing' third quarter revenue increase
REA Group Chief Executive Owen Wilson discusses the company's third quarter result, which saw a 12 per cent revenue lift. 'We have a very pleasing Q3 result with a 12 per cent increase in revenue, it was driven on the back of higher yield of our residential advertising products,' Mr Wilson said. 'It was really our product penetration and price that drove our revenue increase.' In partnership with
