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Rightmove gains as home sellers gravitate to the net

Posted on August 29, 2008

The housing market slowdown has hardly been good news for property portal, Rightmove, as its share price reflects.However, the company has just reported a 63% rise in pre-tax profit in the six months to the end of June, to 19.8 million.Revenues for the period increased 49%, to 37.8 million, with both sales to new members [...]...

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