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Rightmove keeps on moving

The property transaction website is one of the only companies to have benefited from the housing downturn
July 28, 2023
  • Price-to-earnings ratio drop
  • Estate agencies up packages

It would have been fair to assume that a housing market downturn would send Rightmove’s (RMV) revenues tumbling. In fact, the opposite has happened as the property transaction website posted its fastest pace of revenue growth since 2018 in its results for the six months to 30 June.

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