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Ireland: House price rise sparks hope of market recovery

Posted on 27 June 2012

House prices rose in May as the property market nationally recorded its first rise in five years. Prices in Dublin were up for the third month in a row, sparking hopes that the worst could be over for the housing market in the capital.
The news came as NAMA announced it would knock down the first of the properties it owns. The numbers are expected to increase as debtors and receivers start to get to grips with particularly difficult sites, a spokesman said………………………………………..Full Article: Source

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