Sedo has recently announced record high prices in the domain name industry ,according to IDNX domain name price index.

You can read Sedo's announcement after the jump :

"Sedo, the leading online domain marketplace and monetization provider, today announced record high prices in the domain name industry, based on the latest figures from IDNX, the Internet Domain Name Index. IDNX has shown consecutive growth over the past five months, indicating a full rebound from 2011’s financial crisis, and suggesting that the remainder of 2012 could see even stronger figures.

March showed an increase of +4.2%, which follows a similar during February. This growths exceeds the more modest upswing for share prices in the IT and technology sectors. In spite of strong increases, domains still show a strong correlation to fundamental factors in the market, proving that they are at a high without being inflated. Domain prices only slightly outpaced the prices of IT stocks or increases in advertisement revenues, and now rest just above the historical equilibrium.

Alongside higher prices during March, there was also a strong increase in the number of transactions taking place on Sedo’s domain market. This, along with the significant increases over the past five months, suggests that demand for domains has bounced back strongly.

Source from domainnews.com

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