REA profit jumps 23pc, amid weaker property market

REA profit jumps 23pc, amid weaker property market

Updated August 10, 2018 12:02:02 Despite the trend of falling property prices and slowing auction clearance rates, REA Group’s full-year profit jumped 23 per cent to $252.8 million. Amid a drop in online listings, the company — which operates the websites realestate.com.au, realcommercial.com.au and Flatmates.com.au — reported its revenue lifted …