Good year for market due to trading up

The residential property market in Cork has been fuelled by those trading up to larger homes.

2nd December, 2006

The residential property market in Cork has been fuelled by those trading up to larger homes. Local auctioneers reported a good year for property sales in both county and city with strong demand from those trading up and first-time buyers, and also noticed an increase in the investor market. House price growth for most of the year was between 12 and 15 per cent, but this had slowed slightly towards the end of the year,...

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