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TODAY'S OTHER NEWS

Purplebricks increases listings by 44% in the past two weeks

Purplebricks has increased its listings by an eye-opening 44 per cent in the past two weeks according to an updated analysis by The Advisory.

By contrast, High Street agents increased their inventory by 32 per cent during the same period.

Even so, in the consultancy’s just-revised league table of agency performance published yesterday, Purplebricks has lost 0.5 per cent market share of the online sector in the past fortnight thanks to other agencies also increasing their listings inventory.

However, Purplebricks remains overwhelmingly the largest online operator in terms of stock size, and continues to dwarf all others in the online agency world.

Here’s the league table that The Advisory has pulled together for the top 10 online agencies in Britain based on their NEW listings, gathered between January 9 and January 23 2019 and taken from Zoopla:

Purplebricks: 2,731 new listings (giving the agency 71% of the online sector’s listings)

Yopa: 430 (11.2% of online sector)

House Simple: 327

Doorsteps: 134

House Network: 87

Open House: 41

99 Homes: 33

Sellmyhome: 30

Settled: 21

EasyProperty: 13.

You can see the full analysis here.

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