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Ireland Homebuyers Used Cash for 50% of 1H Purchases, Post Says

Oct. 7 (Bloomberg) -- Cash buyers accounted for half of all residential property sales in first 6 months of year, Sunday Business Post says. * EU1.94b of property sold in 1H, paper says * EU1.66b spent in 1H of previous year * NOTE: Irish home prices have fallen by about 50% since 2007

To contact the reporter on this story: Colm Heatley in Belfast at cheatley@bloomberg.net

To contact the editor responsible for this story: Douglas Lytle at dlytle@bloomberg.net

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