Increased activity a boost for property market

Ireland’s pummelled property market has received a second positive report this week, showing increased activity in both sales and viewings for the first quarter.

The news of significantly increased levels of activity over the corresponding period last year comes from national agency Savills, and is based on the Dublin market, where market commentators expect recovery to be first apparent.

According to Savills director Ronan O’Hara, viewing levels on properties for sale are up 400% on this time last year and sales agreed are up 60%.