Pexa Group (ASX:PXA) shares fell nearly 3% in recent trading on Tuesday even after the company said in a filing late on Monday that its property transaction volumes in Australia grew 7.3% year over year to 935,000 in the fiscal third quarter from 871,000 in the year-ago period.

During the quarter ended March 31, transfer volumes grew 7.1% on the prior corresponding period to 588,000 from 549,000. Refinance volumes rose 7.9% versus the prior-year period to 218,000 from 202,000, with growth moderating from about 14% in the first fiscal half.

The company reaffirmed its fiscal 2026 forecasts, with group core net profit after tax anticipated at the top end of its guidance. It expects group revenue of AU$395 million to AU$415 million and group core net profit after tax from continuing operations of AU$15 million to AU$25 million.