Rightmove in strong trading as traffic rises

PROPERTY website Rightmove yesterday said it had traded strongly in the past three months to the end of March and remained confident of meeting forecasts.

Website page impressions in the quarter were up by 15 per cent and searches on mobiles rose by more than 200 per cent, while advertising revenue was on the up.

Average revenue per advertiser had grown strongly and was in line with a targeted increase of about £60 on the 2010 average of £379 per month, according to Rightmove.

The overall number of advertisers at the end of March was up 0.7 per cent since December and growth had continued in April, the company said.

It added that it had released a number of new products, which had been well received by advertisers.