The experts on the number of houses withdrawn

John O’Sullivan, director, Lisney: ‘‘While The Sunday Business Post research shows that 57 per cent of houses were withdrawn at auction, it also shows that almost 38 per cent of these properties where sold immediately afterwards.

26th August, 2006

John O’Sullivan, director, Lisney: ‘‘While The Sunday Business Post research shows that 57 per cent of houses were withdrawn at auction, it also shows that almost 38 per cent of these properties where sold immediately afterwards.

‘‘Houses may not sell at auction because bidding hasn’t reached the reserve.

‘‘This is not an indication of any weakness in the market – it may arise because the potential purchasers who viewed...

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