MyHome.ie has been alerted to an error in its recent analysis of the Property Price Register transactions for Dublin 6 for the first half of this year.
Due to a data retrieval error transactions for this postcode area were overstated by 178. The correct number of transactions for D6 over this period was 168 and not 346 as previously stated.
When the data was imported 178 transactions with an address in Terenure, which did not have a postcode attached, were imported into Postcode 6W and also Postcode Dublin 6, as a result the Dublin 6 transaction level figure was overstated by 178 transactions.
Dublin 15 on 303 transactions now becomes the most popular area of Dublin to buy a property in this period. MyHome apologises for any inconvenience caused by this data retrieval error.
New analysis of Property Price Register for first half of 2014 shows property recovery in Dublin is continuing.
Updated Main Findings;
• Dublin 15 the most popular area for buyers in first half of 2014
• Dublin 13 sees biggest percentage increase
• Transaction levels in Dublin 6 are back to 2012 levels with 160 sales recorded in the first half of 2014
An in-depth study of the Dublin property market shows that the number and value of transactions rose in all but three areas of Dublin in the first six months of 2014.
According to the study, which is based on an analysis of the Property Price Register, Dublin 15 was the most popular area to buy a property with 303 sales recorded between January and June.
The study, which was carried out by leading property website MyHome.ie, shows that Dublin 15 (303), Dublin 16 (265), Dublin 14 (259), Dublin 6W (258), Dublin 18 (240), Dublin 8 (233), Dublin 3 (225), Dublin 11 (215), Dublin 9 (210) and Dublin 13 (208) also attracted lots of interest.
The latter recorded the biggest percentage increase in the first half of the year, rising by 189%, helped by the fact that sales in Clongriffin jumped dramatically from five in the first half of 2013 to 73 in the first six months of this year.
Dublin recorded an increase in the volume of sales in the first half of 2014, rising to 5,001, while the amount of money spent in the capital also grew to €1.8bn.