REA Group’s Grip on Property Search Faces a Fresh Test Before May Results
Domain said its residential platforms reached an average 8 million Australians in Q1, with monthly visits up 35% year-on-year. The CoStar-owned rival to REA Group also reported a 25% rise in app audience and 28% increase in listing views. REA shares last closed at A$170.91, down 1.46%. REA will report quarterly results on May 8.