Lexpress Property Trends Lexpress Property Trends EN Light Version | Page 13

METHODOLOGY & CONTRIBUTORS WEBSITE TRAFFIC DATA SINCE LAUNCH SESSIONS USERS PAGE VIEWS PAGES PER SESSION 12 237 460 4 322 759 140 936 080 11.52 SCOPE AND LIMITS Scope: LexpressProperty Trends is so far, the most signifi cant analytical source regarding the qualitative evolution of property demand and supply, within the 3 main real estate segments in Mauritius, namely: • Sale of properties exclusively to Mauritians • Sale of properties accessible to foreigners (IRS, RES, PDS) terms of absolute value. However, these limitations do not prevent from eff ectively studying trends in the evolution of property demand and supply (types of properties featured and types of properties searched for). A comparative study has been carried out on LexpressProperty.com, between the general data of the website and the individually-analysed data of a couple of agencies. Hence, this analysis confi rms the general trends observed in the barometer. This is indeed the main contribution of LexpressProperty Trends in Mauritius. Such a property barometer cannot replace a comprehensive statistical study of completed transactions. In fact, as far as prices are concerned, an analysis of commercialised adverts shows the market entry price rather than the price of completed transactions. Furthermore, the existence of duplicate adverts (adverts from diff erent agencies for the same property), leads to an overestimation of volume data, in The remaining 3% account for individual property owners posting directly their adverts on the website. The recorded data account for the total (monthly and yearly) number of active and online properties. ANALYSED VARIABLES Studied market segments: • Sale - properties exclusively for Mauritians (see Page 69) • Property rental Main Limitations: agencies and promoters. LIMITATIONS OF THE PROJECT Period assessed: 5 years – between 01/01/2014 and 31/12/2018 • Sale of properties accessible to foreigners: IRS / RES / PDS (see Pages 52 & 91). G+2 apartments have not been analysed for this barometer (see pages 53 & 102) • Long-term Rental (see page 123) Listings (data analysed for property supply): 42,724 property adverts uploaded on LexpressProperty.com during that period. Types of properties: • Houses (houses & townhouses) 97% of these adverts have been posted on our website by real estate • Apartments (apartments & penthouses) LEXPRESSPROPERTY TRENDS 13