Rea Group Ltd (ASX:REA) is the owner of Australia’s most popular real estate portal realestate.com.au. It owns other property leading sites such as realcommercial.com.au too. It also has stakes in several other international property sites in the US, South East Asia and India.
The US election is almost upon us. There are some ASX shares like Altium Limited (ASX:ALU) that I’ve got my eyes on if there’s volatility.
REA Group Limited (ASX:REA) is one to watch in my opinion after it announced it’s going to expand its Indian investment.
Australian national house prices have dropped in September 2020. What will this mean for ASX shares?
Australian house prices continue to fall according to the CoreLogic home value index. Nationally, prices fell by 0.4%.
The S&P/ASX 200 (INDEXASX: XJO) is expected to climb when the market opens this morning as ASX futures point to a positive start to the week.
The REA Group (ASX:REA) share price will be on watch this morning after reporting its result for FY20 which showed a drop of profit and the dividend.
Some ASX shares are down after CoreLogic reported that house prices dropped in June 2020. The decline accelerated compared to May.
COVID-19 has started a property downturn in Melbourne and Sydney, according to results released by Corelogic.
Is the REA Group (ASX:REA) share price a buy after reporting its FY20 third quarter?
