Rightmove upbeat as UK housing market continues to flourish

7th May 2014 08:23

- Positive start to 2014 - Housing market continues to pick up- Confident of meeting full-year guidanceProperty website Rightmove said the positive start to 2014 has continued as the UK property market improves and is confident of meeting full-year targets.Page impressions were up 14% on the same period last year as more people logged onto its website using mobile apps. It also generated a record 14.8m enquiries, an increase of 30% on the same period last year."With healthy growth in average spend per advertiser so far this year and an improving UK property market, the board remains confident of meeting its expectations for the year," it said in a company update.Agency and new homes advertisers at the end of April stood at 18,743, up 2% on December 2013.Chief Executive Nick McKittrick said: "Rightmove's popularity continues to grow, with traffic setting new records. Our mobile apps and mobile optimised sites have proved particularly effective in driving the growth in traffic resulting in 30% more enquiries for our customers compared to the same period last year."Its data services, overseas homes and commercial businesses, all small contributors to overall revenue, continue to trade healthily, it said.CJ