New research shows a threefold increase in the number of 'sale agreed' second hand homes in January compared to the same time last year.
Property website Myhome.ie says it has seen a consistent month on month increase in the numbers of sale agreed second hand homes since last September.
Myhome.ie says the increase is being fuelled by market certainty and confidence after the December Budget. The website claims December saw the highest number of sale agreed properties per month in the whole of 2009 in what it says is normally a quiet time for the property market.
Today's data show that sale agreed properties in Dublin rose by over 300% with 658 properties reaching sale agreed status last month compared with just over 200 in January 2009. Similar trends were seen in Kildare, Wicklow and Meath.
Myhome.ie also says that to date, the month of February is already showing twice as many sale agreed homes in Dublin compared with the same month last year.