Who's Looking Where: "OverseasCafe" latest survey on web based searches.

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For anyone that may be interested in what overseas property areas are now interesting the Irish most you can find our latest survey on web based searches [broken link removed].

There have been significant changes in the areas of interest since the credit crunch has hit and the property downturn has begun to take its toll.
 
Re: Who's Looking Where: "Overseas'" latest survey on web based searches.

Interesting:

Ive expanded the tilte somewhat.

aj

April 2008 figures shown as a percentage of all searches are as follows:
1. UK - 16.67%
2. Florida 12.53%
3. Spain 10.61&
4. France 8.05%
5. USA 6.03%
6. Italy 4.59%
7. Portugal 4.44%
8. Canaries 3.54%
9. Canada 3.09%
10. Bulgaria 2.58%
April 2007 figures shown as a percentage of all searches were as follows:

1. France 25.10%
2. Spain 18.76%
3. Portugal 13.18%
4. UK 10.13%
5. Poland 8.25%
6. Florida 6.52%
7. UAE 3.78%
8. Croatia 2.67%
8. Bulgaria 2.53%
10. Montenegro 1.65%

© OverseasCafe.com

To quote any part of this article credit [broken link removed]
Click to expand...
 
Re: Who's Looking Where: "Overseas'" latest survey on web based searches.

France, Portugal and Poland's fall from grace seems significant. Are these like for like figures...i.e. how large are the samples, was the total volume of searches up or down? Obviously if that information is sensitive then don't reveal it.
 
Re: Who's Looking Where: "Overseas'" latest survey on web based searches.

Is it possible to get the information on where the other 28% were searching ?
 
Re: Who's Looking Where: "Overseas'" latest survey on web based searches.

John Rambo said:
France, Portugal and Poland's fall from grace seems significant. Are these like for like figures...i.e. how large are the samples, was the total volume of searches up or down? Obviously if that information is sensitive then don't reveal it.
Click to expand...

There's nothing sensitive about the search info, it actually compares the search quantities in the article. The searches are down somewhat this year, there were 84,000 in April 2007 but only 72,000 in April 2008. Possibly not as large a reduction as people might have expected though considering the economic turmoil currently in train.
 
Re: Who's Looking Where: "Overseas'" latest survey on web based searches.

F. Kruger said:
Is it possible to get the information on where the other 28% were searching ?
Click to expand...

We didn't want to bore the pants of everyone by putting in the entire list but they're below for those that want to see them. They're copied from a spreadsheet so I hope they appear alright.

2008

1 UK 16.67 2 Florida 12.53 3 Spain 10.61 4 France 8.05 5 USA 6.03 6 Italy 4.59 7 Portugal 4.44 8 Canaries 3.54 9 Canada 3.09 10 Bulgaria 2.58 11 Turkey 2.24 12 Germany 2.20 13 Australia 2.19 14 UAE 2.14 15 India 1.37 16 Poland 1.32 17 South Africa 1.09 18 Caribbean 1.00 19 Croatia 1.00 20 Greece 1.00 21 Balearics 1.00 22 Republic of Cyprus 1.00 23 Slovakia 0.82 24 China 0.65 25 Romania 0.64 26 Thailand 0.63 27 Mexico 0.60 28 New Zealand 0.53 29 Hungary 0.48 30 Egypt 0.46 31 Malta 0.43 32 Switzerland 0.41 33 Austria 0.41 34 Brazil 0.37 35 Netherlands 0.36 36 Sweden 0.29 37 Belgium 0.29 38 Montenegro 0.24 39 Cape Verde Islands 0.23 40 Morocco 0.22 41 Argentina 0.21 42 Russia 0.20 43 Slovenia 0.20 44 Czech Republic 0.20 45 Denmark 0.19 46 Finland 0.18 47 Ukraine 0.13 48 Norway 0.12 49 Panama 0.11 50 Iceland 0.09 51 Lithuania 0.09 52 Latvia 0.09 53 Northern Cyprus 0.09 54 Macedonia 0.08 55 Estonia 0.07 56 Bosnia 0.06 57 Serbia 0.06 58 Venezuela 0.04 59 Moldova 0.03



2007

1 France 25.10 2 Spain 18.76 3 Portugal 13.18 4 UK 10.13 5 Poland 8.25 6 Florida 6.52 7 UAE 3.78 8 Croatia 2.67 9 Bulgaria 2.53 10 Montenegro 1.65 11 South Africa 1.50 12 Cape Verde Islands 0.79 13 India 0.75 14 Canaries 0.68 15 Australia 0.56 16 Slovakia 0.53 17 Germany 0.34 18 USA 0.15 19 Canada 0.15 20 New Zealand 0.15 21 Netherlands 0.13 22 Argentina 0.13 23 Ukraine 0.12 24 Egypt 0.12 25 Caribbean 0.10 26 Finland 0.08 27 Belgium 0.07 28 Austria 0.07 29 Latvia 0.06 30 Panama 0.06 31 China 0.06 32 Estonia 0.06 33 Denmark 0.06 34 Turkey 0.06 35 Sweden 0.05 36 Norway 0.05 37 Balearics 0.05 38 Italy 0.05 39 Czech Republic 0.04 40 Moldova 0.04 41 Greece 0.04 42 Venezuela 0.03 43 Hungary 0.03 44 Morocco 0.03 45 Brazil 0.03 46 Macedonia 0.03 47 Switzerland 0.02 48 Malta 0.02 49 Lithuania 0.02 50 Slovenia 0.02 51 Romania 0.02 52 Russia 0.02 53 Serbia 0.02 54 Thailand 0.01 55 Bosnia 0.01 56 Mexico 0.01 57 Iceland 0.01 58 Republic of Cyprus 0.00 59 Northern Cyprus 0.00
 
Re: Who's Looking Where: "Overseas'" latest survey on web based searches.

Those who have gone through the full list will no doubt have noted the anomaly of both the Republic and Northern Cyprus at the bottom of last year's list with absolutely no searches. They had, in fact, been left out of searches completely for some weird technical reason so the results for 2008 would be more indicative of their ranking.
 
Re: Who's Looking Where: "Overseas'" latest survey on web based searches.

anyone heard anything good about Panama? Or Venezuela?
 
Re: Who's Looking Where: "Overseas'" latest survey on web based searches.

rmelly said:
anyone heard anything good about Panama? Or Venezuela?
Click to expand...

Mod Note:

Lets keep this thread to discuss the OC survey and its interpretation.

If you want to discuss a particular overseas property investment location (such as Panama or Venezuela) then start a new thread or join an existing thread which deals with the location.

ajapale
 
Re: Who's Looking Where: "Overseas'" latest survey on web based searches.

I cannot see Italy anywhere in 2007,but it shows a jump to number 6 in 2008.I know its popularity has been on the increase much of it i believe down to Calabria,its main airport at Lamezia has released figures up this year by 20% and now the Russians are coming with direct flights from Moscow,just need some flights from Dublin!
 
Re: Who's Looking Where: "Overseas'" latest survey on web based searches.

Thanks see it know,good to see such a jump,seems to be moving in the right direction !
 
Those of you who read the Sunday Times yesterday may have noticed a survey done by a competitor website. The results were completely at variance to the results of our own recent survey and people would, correctly, have to ask why there is such a divergence.

We can't answer this categorically as we don't know exactly how they collate their results. What we can say is that, according to the piece, the information is taken from sales (not sure how they calculate this as they don't actually sell property but perhaps they poll their clients). In any case, if it is a calculation from sales in various areas then the information is retrospective, i.e. it is collated from areas in which the Irish were interested over the past two to three years.

The results of our own survey, being based on current web searches, shows places in which the Irish are actively looking for information on property now. It is not a reflection on where they've purchased in the past but should be a fairly good barometer of where they are likely to purchase in the coming 6 months to a year.

The fact that the Sunday Times survey shows areas quite similar to those which were seen as being the most important in our survey last year would seem to corroborate this take on the results.
 
The Sunday Times article states that the 'index' was done in conjunction with myoverseasproperty but I can't find any reference to it on their site.

It states that it is 'an exclusive look at the destinations chosen by Irish buyers' and that it is 'Based on purchases made in the last six months,the survey also suggests which places will be popular for the rest of the year'.
 
Is this based on unique visitors, hits, page impressions or what criteria?

Was 2008 far busier that in 2007?

There are some massive moves up and down, that on the face of it look unusual, but could be explained if the data is small.
 
Culchie said:
Is this based on unique visitors, hits, page impressions or what criteria?

Was 2008 far busier that in 2007?

There are some massive moves up and down, that on the face of it look unusual, but could be explained if the data is small.
Click to expand...

Hi Culchie,

as outlined before, 2008 was a bit quieter than 2007, with the survey based on 84,000 in April 2007 but only 72,000 in April 2008.

It should be noted that the survey is based on all searches for overseas property, not just those that actually lead to a visit to our site so a country may be searched for many times before one of these searches actually results in a visit to the site. We felt this was a fairer way to compute the results.

The movements this year are significant but those with the most movement can be explained largely by changes in economic conditions, lower access to bank finance and perceptions of what is going on in different markets overseas.

From speaking with agents on the ground the swing toward areas such as the UK and US, away from areas such as France and Portugal is quite noticeable. There is also noticeably less interest in 'lifestyle' property purchase and much more in 'investment' product this year than in previous years. This is, again, possibly down to more volatile economic conditions and less certainty about job prospects, pay rises, disposable income, etc. The UK and US would traditionally have been seen as investment rather than lifestyle markets by Irish buyers (with the exception of Florida which is a bit of an anomaly).
 
It should be noted that the survey is based on all searches for overseas property, not just those that actually lead to a visit to our site so a country may be searched for many times before one of these searches actually results in a visit to the site. We felt this was a fairer way to compute the results.
Click to expand...

If the results are calculated on all internet searches and not just the ones that lead to your site this cannot be accurate. Keyword searches are not an accurate indicator of an investor wishing to purchase. I'm assuming that the data is extracted from www.google.com/trends
 
euromortgage said:
If the results are calculated on all internet searches and not just the ones that lead to your site this cannot be accurate. Keyword searches are not an accurate indicator of an investor wishing to purchase. I'm assuming that the data is extracted from www.google.com/trends
Click to expand...

I'd have to argue this one with you Euromortgage. If people are searching for keywords (and key phrases) in Google you would have to presume their logic for doing so is that they are in some way interested in a particular market. If they are interested then you would have to presume this is with a view to buying (or selling) something, what other reason can you give for the searches?

The idea is to get a handle on what is of interest to people now, not what they bought over the past few years. The key to finding this out is to see what they are actually researching at the moment. Seeing as the web is now the first place people go to conduct such research we can't see a better way of gauging current market sentiment.

The data is extracted from our own keywords and search strings on Google Adwords which have been set up in a country specific manner so that we can track trends easily, not from Google trends.
 
My arguement is this, that a lot of these searches would be generated by people in the industry, researching their own markets and looking at competitors etc. I agree it gives a very broad perspective but I wouldnt call it acurate.
 
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