ASX:REAInteractive Media and Services
Did REA Group's (ASX:REA) Buy-back and Adelaide Data Just Reframe Its Housing Leverage?
REA Group recently updated the market on its ongoing on-market share buy-back, having repurchased more than 110,000 ordinary shares, and released fresh housing affordability research showing how current conditions are affecting the balance between renting and owning, particularly in metro Adelaide.
An intriguing insight from the latest analysis is that, under current interest rates, owning a home in metro Adelaide is projected to become cheaper than renting by February 2033, highlighting how...