What housing recession? Looks like Daily Mail publisher DMGT is gearing up for a renewed boom in online property listings…
Just a week after buying the half of property search site Globrix that News International didn’t want, its Associated Northcliffe Digital has apparently bought the domain names, although not the businesses, of another two property sites – Dothomes and Extate.
They were operated by BytePlay, but EstateAgentToday says they “apparently failed to make the impact expected”. Already, the two sites have gone offline and are redirecting to, Findaproperty.com, which is part of AND’s Digital Property Group.
Despite the recession, house prices have been in growth for the past eight months, the Land Registry says. Even as the recession bit last year, Rightmove claimed its busiest ever month.
DMGT’s property and recruitment classifieds were “particularly” hit by the downturn last year. They were down 46 percent in its Northcliffe Media regional newspaper publisher.