Dublin Residential Property Market growth

Knight Frank Residential Property For Sale

Dublin is the 5th fastest growing residential property market in the world, according to The Wealth Report 2014’s Prime International Residential Index 2014.

Last year, Dublin was positioned 24th in the list. Dublin is now positioned alongside monster property markets such as Asia Pacific and The Middle East. Dublin is also the only European city to make it into the top 10.

Dublin had almost 18% in growth in 2013. This may be down to the property supply crunch and the strength of cash buyers, and also increased interest from international buyers such as China, Malaysia and Singapore.

Rena O’Kelly, director with Knight Frank Ireland, says the city’s inclusion in the top 10 “will undoubtedly throw the spotlight on Dublin from an international perspective, and while Dublin will never compete with the global interest for prime residential in neighbouring London, the report will educate a global audience of the nearby opportunities in Ireland”.

So, how will the Dublin Residential Property Market fare over the rest of the year and into 2015?

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