Housing market on track to stabilise as agents record rise in transactions
They also said multiple bidding on individual properties has become a feature for the first time since the market began to contract.
According to figures from Sherry FitzGerald, the first quarter of 2010 saw the national housing market contract by 2.8%, compared to a contraction of 8.3% in the same period a year earlier. The estate agent said that if trend lines persist, there is every reason to believe that the Dublin market will stabilise during the latter half of 2010.
