Rightmove on the move

PROPERTY website company Rightmove kept up positive momentum in the first four months of the year, reporting growth in site traffic and advertising revenue.

Rightmove said it is confident it will meet its expectations for 2013 if the UK housing market does not worsen significantly. ”We see this as a strong start to the year,” analysts at Citi said in a note.

Overall activity increased 20 per cent compared with the same period last year, the company said.

Average revenue per advertiser showed “healthy growth”, the company said.

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