
CoStar advances talks to purchase REA Group competitor Domain
CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, the second largest real estate classifieds firm in Australia behind News Corp-owned REA Group. Nine’s target price is AUD 2.79 billion.
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Judge allows Hanna Holdings buy-side commission case to continue
Homebuyer plaintiffs allege Hanna Holdings conspired to inflate commissions and that buyers are ultimately the ones who pay through higher home prices. A mixed ruling on Tuesday will allow case to move forward.
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Existing-home sales rebounded in February amid inventory uptick
As buyers cautiously reentered the market, existing-home sales rose 4.2 percent from January to 4.26 million, according to data released Thursday by NAR. Compared to last year, sales remained down by 1.2 percent.
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DOJ signals Clear Cooperation alone may not be anticompetitive
A Department of Justice footnote filed on Monday in the Nosalek commission lawsuit suggests some industry leaders may have misinterpreted earlier DOJ messaging.
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