House sales rose 14% in Q1 2013, new index shows

Residential property transactions rose 14 per cent in the first three months of the year, according to the IBF Housing Market Monitor, published today by the Irish Banking Federation (IBF).

28th May, 2013
House sales up 14%

Residential property transactions rose 14 per cent in the first three months of the year, according to the IBF Housing Market Monitor, published today by the Irish Banking Federation (IBF).

This is the sixth consecutive quarter of year-on-year growth in the volume of transactions, the IBF said.

Commenting on the result, Goodbody Chief Economist Dermot O’Leary said the shortage of appropriate family homes was becoming increasingly clear in Dublin.

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