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Wurzel Of Highbridge

Rightmove - Unseasonal Downward Trend

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For those who like speculative figures take a look at the Google trend for websites. Looking at Rightmove daily UNIQUE visits are falling off of a cliff, meaning that there are less and less new faces visiting there website over the last few months.

I guess that is the reason for their press releases telling the vendors to drop prices as it looks like the market is freezing up big time with everyone either deciding to stay put or losing interest in the housing market.

http://trends.google.com/websites?q=rightmove.co.uk&geo=all&date=all&sort=0

[edit - spelling]

Edited by khards

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For those who like speculative figures take a look at the Google trend for websites. Looking at Rightmove daily UNIQUE visits are falling off of a cliff, meaning that there are less and less new faces visiting there website over the last few months.

I guess that is the reason for there press releases telling the vendors to drop prices as it looks like the market is freezing up big time with everyone either deciding to stay put or losing interest in the housing market.

http://trends.google.com/websites?q=rightmove.co.uk&geo=all&date=all&sort=0

Looks like we're back to 2009.

2009, ahhh happy days, when the housing market was plummeting and reality was striking...them came along the QE and the dead cat bounce.

Surely we have got to expect a return to house prices falling off a cliff now.

I think the main issue of the last 2 years was the general election. I think Labour spent spent spend borrowed borrowed borrowed to try and keep the ponzi scan going in the hope of getting re-elected with the result that it's much worse now for us all. They should nave let prices collapse in 2005 and booted Gordon Brown into touch.

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Lots of New build developer plots have removed "for sale" and put "To Let" signs up in Cobham, Surrey, home of the US millionaire bankers and Insurers. And lots of To Let/For Sale duo signs as well.

definitely "softened"... but could be seasonal as September is the time when loads of rentals come on the market due to Yanks leaving and arriving (or so the letting agents told us).

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I've stopped looking as much.

I must be down from 10,000 page views a day to about 50.

That won't change these stats. because they are UNIQUE visits, so you will just be counted once per day regardless of page views.

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The volume of listings is also collapsing in my area (s/e kent)

Running higher than at any point in the last two years where I am (Shrops). I can send you some overpriced three-bed semis if you like...

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Running higher than at any point in the last two years where I am (Shrops). I can send you some overpriced three-bed semis if you like...

Thanks for the offer but I have my eyes on these: =c21&s[a_id]=&s[mnp]=&s[mxp]=75000&s[bd_no]=&refine.x=69&refine.y=14&search=1&s[search_type]=sale&s[furn]=&s[refreshmap]=1&search_type=sale&fr=default"]HPC Land

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Maybe more and more people (like me) use their iphone app mainly instead? but that probably won't account for all the web traffic drop..,

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That won't change these stats. because they are UNIQUE visits, so you will just be counted once per day regardless of page views.

So does that mean my DNOS attack with my botnet army is registering just one hit per bot? That is a ten millionth of the true figure.

I'm gonna point my faithful ten thousand elsewhere. Watchout Mumsnet, here comes some <<hugz>>.

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Do they count IP or device?

Normally these sorts of thing use cookie- based tracking, as many users can share an IP, or one user can have many IP's, so it's per device.

Iphones, etc should also count towards it.

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Google trends simply shows the SEARCHES on google for your chosen keyword. They have nothing whatsoever to do with visits, hits, devices, IPs or cookies.

It could simply be that more people are accessing rightmove via a bookmark or a link rather than a google search.

In other words those google stats mean very little.

---

Edited by awake_eagle

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For those who like speculative figures take a look at the Google trend for websites. Looking at Rightmove daily UNIQUE visits are falling off of a cliff, meaning that there are less and less new faces visiting there website over the last few months.

I guess that is the reason for their press releases telling the vendors to drop prices as it looks like the market is freezing up big time with everyone either deciding to stay put or losing interest in the housing market.

http://trends.google.com/websites?q=rightmove.co.uk&geo=all&date=all&sort=0

[edit - spelling]

Bloody hell, never knew about that trends service. Very interesting. Is there anything Google don't monitor/record?

That said, most of the sites that I regularly visit (not related to houses) are showing a drop-off in traffic, especially since the start of the year. I wonder if this is indicative of falling economic activity?

I'm sure that all this statistical data must hold the potential to reveal all sorts of useful information for anyone who can figure out how to process it.

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My link

2. How is the data in Trends for Websites generated?

Trends for Websites combines information from a variety of sources, such as aggregated Google search data, aggregated opt-in anonymous Google Analytics data, opt-in consumer panel data, and other third-party market research. The data is aggregated over millions of users, powered by computer algorithms, and doesn't contain personally identifiable information. Additionally, Google Trends for Websites only shows results for sites that receive a significant amount of traffic, and enforces minimum thresholds for inclusion in the tool. For more information about how Google protects privacy, please refer to our privacy policy.

3. How often is the data updated?

The information provided by Trends for Websites is refreshed periodically to keep the data relevant. The data in the three columns under the main graph is based on the last 30 days since our most recent data update.

4. How accurate is the information provided by Trends for Websites?

Although Trends for Websites is a Google Labs product, we'll keep working to improve our estimates over time.

So this is different from Google trends that just shows keyword trend data.

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So this is different from Google trends that just shows keyword trend data.

Ok didn't know about the distinction between "google trends" and "google trends for websites" but either way the following statement at the bottom of the page is key here:

Please keep in mind that several approximations are used when computing these results. All traffic statistics are estimates.

So I wouldn't read too much into it.

Here is the graph that shows number of searches for the keyword "rightmove":

http://trends.google.com/trends?q=rightmove&ctab=0&geo=all&date=all&sort=0

This shows quite a different picture and is based on much more accurate data (google obviously knows how many people do a search for any given keyword on google).

Edited by awake_eagle

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According to the BBC in 2011 Google trends have a good track record for predicting house prices

http://www.bbc.co.uk/news/business-13748599

Heres how they are doing now (search for "estate agents" limited to the UK)

http://www.google.com/trends/explore#q=%22estate+agents%22&geo=GB

B6InxIL.jpg

compared to "property for rent"

http://www.google.com/trends/explore#geo=GB&q=%22property+for+rent%22&cmpt=q

Google changed the algorithm in Jan 2011 so it may not be fair to compare figures before/since that date, but even comparing 2013 with 2012 and 2011, the tea leaves don't look good.

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According to the BBC in 2011 Google trends have a good track record for predicting house prices

http://www.bbc.co.uk/news/business-13748599

Heres how they are doing now (search for "estate agents" limited to the UK)

http://www.google.com/trends/explore#q=%22estate+agents%22&geo=GB

B6InxIL.jpg

compared to "property for rent"

http://www.google.com/trends/explore#geo=GB&q=%22property+for+rent%22&cmpt=q

Google changed the algorithm in Jan 2011 so it may not be fair to compare figures before/since that date, but even comparing 2013 with 2012 and 2011, the tea leaves don't look good.

Interesting, almost a perfect downward sawtooth, just what I always expected but have never seen it shown as a graph before.

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According to the BBC in 2011 Google trends have a good track record for predicting house prices

http://www.bbc.co.uk/news/business-13748599

Heres how they are doing now (search for "estate agents" limited to the UK)

http://www.google.com/trends/explore#q=%22estate+agents%22&geo=GB

B6InxIL.jpg

compared to "property for rent"

http://www.google.com/trends/explore#geo=GB&q=%22property+for+rent%22&cmpt=q

Google changed the algorithm in Jan 2011 so it may not be fair to compare figures before/since that date, but even comparing 2013 with 2012 and 2011, the tea leaves don't look good.

Nice find :)

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Is this just searches or actual visits to right move? If just searches, then could be misleading as people go straight to right move rather than search for estate agents now more than they used to. I believe the expression is that right move etc has become a destination site.

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  • 336 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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