REA Group: Interim result 2016

REA Group is going slow on price increases but that doesn’t mean profit growth is over.

REA Group is one of the best businesses on the ASX. Part of the reason is the company’s pricing power – its unmatched ability to attract potential homebuyers to properties for sale allows it to lift prices easily. Particularly as, compared to the sale price, the price to list a property on www.realestate.com.au remains low.

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