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Irish homes drawing buyers after market crash

Posted on 07 November 2012

In Dublin, the epicenter of Western Europe’s worst housing-market crash, signs of life are emerging for those with access to cash. A five-bedroom, Victorian-era home near the center of Dublin was sold last month for 2.05 million euros ($2.6 million), 17 percent more than the reserve price.
At the other end of the market, apartments are being snapped up at auction for as little as 50,000 euros in cash. Even prices for homes requiring mortgages across the country rose for a third straight month in September, the Central Statistics Office said………………………………………..Full Article: Source


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