09:32 AM EST - Real Matters Inc. : Announced its financial results for the first quarter ended December 31, 2021. The company reported consolidated revenues of $107.8 million in the first quarter, as revenue growth in our U.S. Appraisal and Canadian segments was offset by a decline in U.S. Title. The copmany’s U.S. Appraisal purchase and refinance revenues increased a combined 13.9% year-over-year compared with an estimated decline in addressable market volumes of 1.5%. The year-over-year decline in U.S. Title revenues was due in part to an estimated 31.2% decline in refinance market volumes. Real Matters Inc.
shares T.REAL are trading unchanged at $6.13.
