A study of the Dublin property market shows that the number and value of transactions rose in all but two areas of the capital in the first six months of 2014. Based on an analysis of the Property Price Register, Dublin 6 was the most popular postcode area to buy a property with 346 sales recorded in H1 2014 -- up 76% on 197 sales in the same period last year.
The study, which was carried out by property website Myhome.ie, shows that Dublin 15 (303), Dublin 16(265), Dublin 14 (259), Dublin 6W (258), Dublin 18(240), Dublin 8(233), Dublin 3 (225), Dublin 11 (215), Dublin 9 (210) and Dublin 13 (208) also attracted lots of interest.
The latter recorded the biggest percentage increase in the first half of the year, rising by 189%, helped by the fact that sales in Clongriffin jumped dramatically from five in the first half of 2013 to 73 in the first six months of this year.
In total there was an increase of 32% in the volume of sales rising from 3,966 to 5,240 with €1.83bn being spent on property in the capital in this period. This is an increase of 45% on the €1.26bn which was spent in the first six months of 2013.
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