Cash buyers spent €1 billion on property deals in six months
Cash buyers accounted for half of all residential property purchases across the country in the first half of this year, analysis by The Sunday Business Post reveals.
Cash buyers accounted for half of all residential property purchases across the country in the first half of this year, analysis by *The Sunday Business Post* reveals.
Of the nearly €2 billion-worth of property sold nationwide in the first six months of 2012, just half came from mortgages issued by the banks in the same period.
The new data shows that bank lending is less of a factor in the property market, with a growing volume...
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