Friday, Aug 27, 2010
More people looking, fewer buying
Daily Mail: Property website Rightmove reports surge in homebuyer interest
The UK housing market may be showing fresh signs of growth after an online property website recorded a huge increase in interest over the last six months. Rightmove, the UK’s largest property website, has reported a surge in interest from homebuyers in the first half of 2010. The website, which allows people to search for properties and house value information on its free service, saw a 22 per cent increase in traffic in the last six months. However, there is concern that actual transactions are remaining subdued, with lending figures earlier this week showing the number of home loans approved for house purchase dropping for the second month in a row in July.
3 Comments
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1. mark said...
Of course there is a surge of traffic on their website, people are looking to list and sell so they are checking prices, it is amazing how after ireland gets a downgrade, suddenly UK house prices are up, Revised figures for growth, etc etc what next blue pigs flying?
2. sibley's love child said...
And lo the shoeless and dishevelled ragamuffins did press their noses against the bakery window...
3. The Bull said...
Surely they monitor traffic via IP addresses so as the same person clicking the same property only registers as 1 visit.