Domain prices reach record highs in March
IDNX domain name price index shows fifth consecutive month of growth
Prices have never been higher in the domain name market!
This is according to IDNX, the first scientific grade price index for the domain market. IDNX—the internet domain name price index—has shown a consistent growth five months running, and the figures for March 2012 have broken previous records. This suggests that the domain market has rebounded from the slump of 2011, and that the remainder of 2012 could reach even greater heights.
March showed an increase of +4.2%. This growth exceeds the more modest upswing for share prices in the IT and technology sectors, but in spite of this, it correlates to other economic indices, proving that domain prices are at an all-time high without being inflated. Alongside higher prices during March, there was also a strong increase in the number of transactions taking place on Sedo’s domain market.
Find out more at Sedo.com/IDNX