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Better off and institutional investors dominating market
Commenting on the CSO Residential Property Price Index for January, IPAV, the Institute of Professional Auctioneers and Valuers, said there is no surprise, the residential property market continues to be dominated by the better off who have the ability to buy and institutional investors, with those on average incomes who should be the mainstay of the market, either excluded altogether or pushed out to the suburbs which have expanded greatly.