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Domain Holdings Australia Provides COVID-19 Update

20 Mar 2020  |  08:31:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: COVID-19 update

Domain Holdings Australia provided an update on recent trading, initiatives being introduced to support agent customers, and the potential impact of the COVID-19 coronavirus. It has seen a material improvement in its residential business following a soft start to FY 2020 H2. For sale listings volumes in NSW and Vic are higher year-on-year. Residential revenue growth reflects these improving property market conditions, and the adoption and positive impact of its new commercial pricing model.

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