Domain chief executive Jason Pellegrino has warned an acute shortage of properties for sale in Sydney and Melbourne has led to the toughest conditions for property since the early 1990s when Australia was last in recession.
after Domain's annual general meeting on Monday morning, adding real estate agents were also facing the same pressures of fewer listings. Domain acquired point of sale platform Real Time Agent on Monday, which provides technology services to reduce the burden of administrative tasks for sales agents.that it was the worst property sales market in decades despite prices starting to lift in major markets Sydney and Melbourne.
Domain's digital revenue was down 8 per cent for the year so far, compared to an 11 per cent decline in the fourth quarter in 2019. Total revenue was down 12 per cent over the period.
JennieDuke But coalition want to put consumers into mortgage debts without wage increases and while interest is low. What happens when interest begins to rise and wages don’t ?AlanKohler
JennieDuke Pure lies and falsehoods! Either this guy is deranged or he is purposely trying to mislead the public. Aussie house prices will continue to tank for the foreseeable future.
JennieDuke ThoughtandPrayers.
JennieDuke Keep the bait advertising going
JennieDuke Domain sacked me after 20 years as a freelancer. Why? I missed a deadline while looking after my 6yr old daughter who was recovering from having a brain tumour removed. Begged for my job back. Nope. Nasty nasty people.