In this episode, we examine the ACCC’s investigation into REA Group and whether Australia’s leading real estate portal is misusing its market dominance. With vendors and agents under pressure from rising listing costs, we unpack the economics behind online advertising, growing use of off-market listings, and how competition (or lack of it) is shaping vendor behaviour.We also touch on:The price disparity between Balmain and Mount Druitt listingsDomain’s recent $3 billion acquisition by CoStarThe May rate ...
In this episode, we examine the ACCC’s investigation into REA Group and whether Australia’s leading real estate portal is misusing its market dominance. With vendors and agents under pressure from rising listing costs, we unpack the economics behind online advertising, growing use of off-market listings, and how competition (or lack of it) is shaping vendor behaviour.
We also touch on:
- The price disparity between Balmain and Mount Druitt listings
- Domain’s recent $3 billion acquisition by CoStar
- The May rate cut’s effect on auction clearances, now just above 50%
- Rising inflation figures and how they might influence the RBA’s next move
As mentioned in this episode, listen to our previous discussion around REA market dominance here.
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