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Retiring REA boss says Aussie market its healthiest in years

Summary by localipswichnews.com.au
THE chief executive of the company that owns realestate.com.au says Australia’s property market is thriving amid anticipation of interest rate cuts. “I think this is one of the healthiest markets I’ve seen in my time at REA, and it’s because there are a lot of buyers and a lot of sellers,” REA Group CEO Owen Wilson told analysts last week. “There’s a lot of sellers, that means there’s stock for the buyers to buy, and then they can sell their pro…
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localipswichnews.com.au broke the news in Ipswich, Australia on Wednesday, February 12, 2025.
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