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While spring is usually a busy time for online housing search, HotPads is seeing a particularly strong growth this season. In April, 5.7 million people visited HotPads to discover their next home, a new traffic record for the company (growing 32% compared to April 2011). Even more exciting, according comScore data, HotPads unique traffic grew 28% in the first quarter of 2012, making HotPads one of the fastest growing rental search engines online.
The first three months of 2012 also saw major mobile growth, which jumped 142% compared to first quarter 2011. This means that today 25% of our overall traffic comes from mobile devices (and growing weekly). While we're pleased with the current pace of mobile growth, we're even more excited about new products and improvements in the pipeline.
Going into May and celebrating our one year west coast anniversary, we're expecting to accelerate growth even further. Over the next few months we're expanding our engineering team, releasing new products, and optimizing the search experience. This summer is going to be a hot one (even by San Francisco standards :).
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