Aug 6, 2026 – 11.57amA sharp plunge in the number of homes listed for sale in Sydney and Melbourne in July has been almost entirely offset by a flood of properties from Brisbane, Adelaide and Perth as home owners rush to capitalise on what they expect is the peak of the market.Shares in Australia’s biggest real estate listings company, REA Group, rose more than 2 per cent on Thursday after it announced its full-year results and said there had been a surprisingly busy end to the financial year that delivered a jump in revenue and underlying profit.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles