The number of second-hand properties in Ireland that were 'sale agreed' in January has rose significantly, according to a property website.

MyHome.ie said the figures had trebled compared to the same period in 2009.

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The website also said there had been a consistent month-on-month increase in the number of 'sale agreed' second-hand residential properties since September 2009.

While it is not known how many of these sales were completed, the increase is seen as encouraging evidence of a pick up in the residential market.

(NS/BMcc)