Housing Market Could Challenge REA's Valuation -- Market Talk

Dow Jones

Jun 23

0140 GMT - The historical performance of REA Group shares during housing-market downturns leaves Macquarie analysts cautious on the stock. The investment bank's analysts are among those anticipating a challenging period for listings and property valuations, tipping REA's volumes to decline 4% in fiscal 2028 and by 1% in fiscal 2029. They tell clients in a note that the News Corp-controlled real-estate advertiser generally trades at a discount to its long-run valuation in such conditions. Macquarie stays neutral on the stock but cuts its target price 18% to 155.00 Australian dollars. Shares are down 1.7% at A$133.46. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

June 22, 2026 21:40 ET (01:40 GMT)

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The investment bank's analysts are among those anticipating a challenging period for listings and property valuations, tipping REA's volumes to decline 4% in fiscal 2028 and by 1% in fiscal 2029. They tell clients in a note that the <a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>-controlled real-estate advertiser generally trades at a discount to its long-run valuation in such conditions. Macquarie stays neutral on the stock but cuts its target price 18% to 155.00 Australian dollars. Shares are down 1.7% at A$133.46. <a href=\"https://laohu8.com/S/NWSLL\">News Corp</a> is the parent company of Dow Jones &amp; Co., publisher of The Wall Street Journal and Dow Jones Newswires. 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The investment bank's analysts are among those anticipating a challenging period for listings and property valuations, tipping REA's volumes to decline 4% in fiscal 2028 and by 1% in fiscal 2029. They tell clients in a note that the <a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>-controlled real-estate advertiser generally trades at a discount to its long-run valuation in such conditions. Macquarie stays neutral on the stock but cuts its target price 18% to 155.00 Australian dollars. Shares are down 1.7% at A$133.46. <a href=\"https://laohu8.com/S/NWSLL\">News Corp</a> is the parent company of Dow Jones &amp; Co., publisher of The Wall Street Journal and Dow Jones Newswires. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 22, 2026 21:40 ET (01:40 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7002","symbol_name":"互动媒体与服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2645001394","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2645001394","pubTimestamp":1782178800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0140 GMT - The historical performance of REA Group shares during housing-market downturns leaves Macquarie analysts cautious on the stock. The investment bank's analysts are among those anticipating a challenging period for listings and property valuations, tipping REA's volumes to decline 4% in fiscal 2028 and by 1% in fiscal 2029. They tell clients in a note that the News Corp-controlled real-estate advertiser generally trades at a discount to its long-run valuation in such conditions. Macquarie stays neutral on the stock but cuts its target price 18% to 155.00 Australian dollars. Shares are down 1.7% at A$133.46. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7002":"互动媒体与服务","BK7503":"科技股","BK4168":"多种金属与采矿","REA":"Rare Earths Americas","REA.AU":"REA GROUP LTD"},"translate_title":"房地产市场可能会挑战REA的估值——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"REA.AU":0.9,"REA":1.5},"content_text":"0140 GMT - The historical performance of REA Group shares during housing-market downturns leaves Macquarie analysts cautious on the stock. The investment bank's analysts are among those anticipating a challenging period for listings and property valuations, tipping REA's volumes to decline 4% in fiscal 2028 and by 1% in fiscal 2029. They tell clients in a note that the News Corp-controlled real-estate advertiser generally trades at a discount to its long-run valuation in such conditions. Macquarie stays neutral on the stock but cuts its target price 18% to 155.00 Australian dollars. Shares are down 1.7% at A$133.46. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 22, 2026 21:40 ET (01:40 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}