Bear Sees REA Group Braced for Property Price Decline -- Market Talk

Dow Jones

Jun 19

0227 GMT - REA Group's bear at Bell Potter sees the News Corp-controlled property advertiser bracing for a tough December half for Australian housing prices. Analyst Michael Ardrey tells clients that the group's expectation of flat prices across the 2026 calendar year implies a weak December half, pointing out that combined state capital-city price growth was at 6.4% in May. He thinks it's a buyers' market and that REA's ability to pass on price rises to customers may waver. Bell Potter keeps a sell rating on the stock and lowers its target price 2.9% to 133.00 Australian dollars. Shares are down 3.5% at A$139.52. 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 18, 2026 22:27 ET (02:27 GMT)

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Analyst Michael Ardrey tells clients that the group's expectation of flat prices across the 2026 calendar year implies a weak December half, pointing out that combined state capital-city price growth was at 6.4% in May. He thinks it's a buyers' market and that REA's ability to pass on price rises to customers may waver. Bell Potter keeps a sell rating on the stock and lowers its target price 2.9% to 133.00 Australian dollars. Shares are down 3.5% at A$139.52. <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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Analyst Michael Ardrey tells clients that the group's expectation of flat prices across the 2026 calendar year implies a weak December half, pointing out that combined state capital-city price growth was at 6.4% in May. He thinks it's a buyers' market and that REA's ability to pass on price rises to customers may waver. Bell Potter keeps a sell rating on the stock and lowers its target price 2.9% to 133.00 Australian dollars. Shares are down 3.5% at A$139.52. <a href=\"https://laohu8.com/S/NWSLL\">News Corp</a> is the parent company of Dow Jones &amp; Co., publisher of The Wall Street Journal and Dow Jones Newswires. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 18, 2026 22:27 ET (02:27 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GLS.SI","symbol_name":"Lion SG Phy Gold S$","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2644030962","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2644030962","pubTimestamp":1781836020,"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":"0227 GMT - REA Group's bear at Bell Potter sees the News Corp-controlled property advertiser bracing for a tough December half for Australian housing prices. Analyst Michael Ardrey tells clients that the group's expectation of flat prices across the 2026 calendar year implies a weak December half, pointing out that combined state capital-city price growth was at 6.4% in May. He thinks it's a buyers' market and that REA's ability to pass on price rises to customers may waver. Bell Potter keeps a sell rating on the stock and lowers its target price 2.9% to 133.00 Australian dollars. Shares are down 3.5% at A$139.52. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GLS.SI":"Lion SG Phy Gold S$","BK4168":"多种金属与采矿","BK7503":"科技股","SRU.SI":"CSOP iEdge SREIT ETF US$","BK7002":"互动媒体与服务","CFA.SI":"NikkoAM-STC Asia REIT","JJJ.SI":"Lion-Nomura Japan Active ETF","REA":"Rare Earths Americas","SRT.SI":"CSOP S-REITs INDEX ETF","REA.AU":"REA GROUP LTD","CLR.SI":"LION-PHILLIP S-REIT"},"translate_title":"熊市认为REA集团已做好应对房价下跌的准备——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SRT.SI":0.6,"CFA.SI":1.5,"JJJ.SI":0.6,"REA":1.5,"SRU.SI":0.6,"CLR.SI":0.6,"REA.AU":0.9,"GLS.SI":0.6},"content_text":"0227 GMT - REA Group's bear at Bell Potter sees the News Corp-controlled property advertiser bracing for a tough December half for Australian housing prices. Analyst Michael Ardrey tells clients that the group's expectation of flat prices across the 2026 calendar year implies a weak December half, pointing out that combined state capital-city price growth was at 6.4% in May. He thinks it's a buyers' market and that REA's ability to pass on price rises to customers may waver. Bell Potter keeps a sell rating on the stock and lowers its target price 2.9% to 133.00 Australian dollars. Shares are down 3.5% at A$139.52. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. 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