Users still flocking to Rightmove

Property listings web site Rightmove has seen a strong increase in traffic so far in 2012 although the number of advertisers using its site is showing little change.

Property listings web site Rightmove has seen a strong increase in traffic so far in 2012 although the number of advertisers using its site is showing little change.

The company, which dominates the property portal scene to such an extent that its major rivals are merging in an attempt to compete more effectively, saw record revenue in 2011 increase by 19% to £97.0m from £81.6m in 2010, a tad below market expectations of revenue of £97.13m.

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