REA Group stock drops as investors watch FY27 listings under tax reform
Sydney, June 11, 2026, 08:03 (AEST) REA Group shares slumped 2.06% to close at A$149.43 on Wednesday, dropping A$3.15, as investors set aside its strong property portal lead and started to question if Australia’s tax moves could slow housing turnover and cut into paid listings. The broader market managed a gain. (Intelligent Investor) REA lagged even as real estate stocks did well. The S&P/ASX 200 jumped 49.1 points to 8,653.3, with the real estate sector up about 1.8% as lower yields boosted the group. But REA fell, with the stock hit by broker downgrades on future residential listing volumes. (Market