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realestate.com.au

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  • REA Group profits rise 25% as low unemployment and pandemic savings keep property buyers interested
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Latest Articles

  • Real estate tech firm RMA Global strategic pivot yields on the verge of positive cash flow
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  • RentPay surpasses $250 million worth of payments on platform
    RentPay surpasses $250 million worth of payments on platform
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  • REA reports 18% revenue growth despite housing market volatility, expects slower second half
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  • OnTheHouse integrates Openn Offers after customers complain of missing price info and competition
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  • REA listings see increase amid rising interest rates and home values
    REA listings see increase amid rising interest rates and home values
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  • REA Group profits rise 25% as low unemployment and pandemic savings keep property buyers interested
    • News

    REA Group profits rise 25% as low unemployment and pandemic savings keep property buyers interested

    Despite property prices being in a state of volatility amid rising interest rates, that hasn’t halted real estate tech company REA Group (ASX: REA) which reported 26% revenue growth to $1,170 million for FY22 and $408m net profit, a 25% increase.  REA largely credits the acquisitions of REA India and Mortgage Choice for their revenue

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