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SarahBell

Rightmove Breaking Records

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Yesterday we had another record breaking day, as we broke the '30 million page impressions in one day' barrier

From their facebook page.

Are they going to sell off their site?

Or are they just bigging it up for EAs who might be thinking about saving money?

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Yesterday we had another record breaking day, as we broke the '30 million page impressions in one day' barrier

From their facebook page.

Are they going to sell off their site?

Or are they just bigging it up for EAs who might be thinking about saving money?

It means everyone is looking but few are buying for the various reasons as discussed on this form ad infinitum

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I go on there a lot to see building inventories--usueful for guaging the massive increases in supply too! Never looked much, if at all, a few months ago.

The vultures are beginning to circle and RM is a good place to select your carrion.

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That is an astounding number of page views!

Even as HPCers, you must acknowledge that there is pent up demand building slowly.

Lots of people would like to buy, sell, or move if they could.....

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That is an astounding number of page views!

Even as HPCers, you must acknowledge that there is pent up demand building slowly.

Lots of people would like to buy, sell, or move if they could.....

Bear in mind that also includes EAs accessing the site.

It's no surprise this is typically a busy time of year.

As more people get on the 'net any popular website is going to grow in traffic.

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That is an astounding number of page views!

Even as HPCers, you must acknowledge that there is pent up demand building slowly.

Lots of people would like to buy, sell, or move if they could.....

Demand means nothing without the ability to pay.

I too look on RM every day but there's nothing for sale within my price range (that isn't a cr@p-hole).

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The reason could well be that increasing numbers of people realise that they are coming to the end of the road and will have to sell up, and want to get an idea of what they could sell for, rather than being entirely wannabe purchasers.

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That is an astounding number of page views!

Even as HPCers, you must acknowledge that there is pent up demand building slowly.

Lots of people would like to buy, sell, or move if they could.....

Therefore it is not demand. Just needs, wishes, dreams. Demand = need + ability to pay. Hence, there is a very small pent-up demand out there. IMO much smaller than the pent-up supply, after 3 years of very low volumes.

Besides, who says that all or even most of those viewings are done by potential buyers?

Sellers do check the market - their competition - on a daily basis. Probably (surely?) much more frequently than potential buyers.

Edited by Tired of Waiting

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Also they are probably gaining more Market share from the offer property websites like find a property (does anyone actually use it anymore?) and don't forget if you're selling your house you will look up the competition even your not buying again.

Ever since I've first started reading rightmove house price surveys they have been breaking records for page views 'in a sign of increasing buyer demand' it's rubbish.

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Therefore it is not demand. Just needs, wishes, dreams. Demand = need + ability to pay. hence, there is no pent-up demand.

Besides, who says that all or even most of those viewings are done by potential buyers?

Sellers do check the market - their competition - on a daily basis. Probably (surely?) much more frequently than potential buyers.

you just read what I posted and copied, didn't you... ;)

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Yesterday we had another record breaking day, as we broke the '30 million page impressions in one day' barrier

From their facebook page.

Are they going to sell off their site?

Or are they just bigging it up for EAs who might be thinking about saving money?

Sellers and potential sellers also visit RightMove, to check their "competition", very frequently. Probably much more frequently than potential buyers. Estate agents too. We shouldn't assume that this jump is mainly from potential buyers.

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Webpage hits has grown exponentially since more people now have Smartphones. Imagine all of those commuters sat on the bus, train, tube (well not the tube! :lol: ) etc now browsing HPC, Facebook, Rightmove, Twitter, BBC News, etc etc. This wasn't possible/common just a few years ago.

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I too am adding to their statistics - looking each day, both at the area where we want to buy, and also being nosy to see what is happening in other areas of UK where we have previously lived....

We look each day using both a computer and smartphone.

The smartphone app on iphone has an error and does not show the SSTC properties - so to view those as well we have to use computer or access via web browser on iphone

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Yesterday we had another record breaking day, as we broke the '30 million page impressions in one day' barrier

Has RM now replaced Country Life in waiting rooms around the country?

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I too am adding to their statistics - looking each day, both at the area where we want to buy, and also being nosy to see what is happening in other areas of UK where we have previously lived....

We look each day using both a computer and smartphone.

The smartphone app on iphone has an error and does not show the SSTC properties - so to view those as well we have to use computer or access via web browser on iphone

Is there not the option to tick a box? (is the ipad version different?)

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That is an astounding number of page views!

Even as HPCers, you must acknowledge that there is pent up demand building slowly.

Lots of people would like to buy, sell, or move if they could.....

how very clever...man needs a house to live in so that is the demand.

Lucky for us THAT isnt the demand that controls prices....

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Yesterday we had another record breaking day, as we broke the '30 million page impressions in one day' barrier

From their facebook page.

That's an awful lot of hits.

Somebody's been getting busy with the CTRL+SHIFT+R keys, haven't they? :rolleyes:

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Therefore it is not demand. Just needs, wishes, dreams. Demand = need + ability to pay. Hence, there is a very small pent-up demand out there. IMO much smaller than the pent-up supply, after 3 years of very low volumes.

I would say Demand = need x ability to pay.

When ability to pay is zero, then there is no demand.

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Overall I would say the increased used of Rightmove and other sites like it is a massive boost to HPC.

The more thet Joe Public is educating himself on the current market conditions the less likely that Estate Agents will find mugs to pay the elevated prices.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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