In addition, statistics from MyHome.ie show that during the same period both market activity and the volume of properties going “Sale Agreed” increased significantly compared to a year ago.
As Aesop said, “one swallow does not make a summer”, but given the supporting evidence and the fact that the rate of decrease in asking prices continues to ease, is there a trend now shifting towards a period of price stabilisation in the market sometime later in 2010? Or is it too early to be definitive? When will the market bottom?...
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