Why the REA (ASX:REA) share price is surging in April

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The REA Group Ltd(ASX: REA) share price has surged 8.70% in April to $153.72 at the time of writing. This follows its shares falling almost 20% between early February and mid-March to a 4-month low of $131.00. 
Why is the REA share price pushing higher? 
The Australian residential property market is booming 
Whether it’s residential property listings, housing prices, or clearance rates — the property market is on fire by every metric. 
A booming property market will likely prop up the key performance…

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