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Thu 02 Feb 2009Supply is down. Is it time to trade up?
Fewer properties are coming on the market and some are being withdrawn altogether as buyers wait for the bottom to appear
AFTER TWO years of over-supply in the Dublin second-hand housing market there are finally signs that the glut is ending. Would-be sellers are holding off putting their homes for sale at today’s knock-down prices, while others have withdrawn their property altogether, postponing a sale until conditions improve. The result is a tightening of supply that could stabilise prices in the coming months.
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