House prices jumped by an average of €20,000 in the last 12 months as supply fell significantly

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House prices jump 8% in 12 months, as supply falls by a third

THE AVERAGE HOUSE price rose by 7.6% in the year to March 2021, according to the latest Daft.ie House Price Report.

The average house sale price nationwide in the first quarter of 2021 was up 68% from the lowest point in early 2013 – but still below the Celtic Tiger peak. This represents a year-on-year fall of 40% nationwide, although the stock available for sale in Dublin has fallen by less than the national average, while stock for sale in Leinster is down by nearly one half.

#Open journalism No news is bad news Support The Journal Your contributions will help us continue to deliver the stories that are important to youPat Davitt, IPAV Chief Executive said many agents are not listing new properties to the market on property portals because of the severity of the Covid-19 restrictions on showing properties.

 

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Wonderful news, cash buyers only 😊

Only in Ireland could this happen! People out of work 12 months, the country’s finances in the toilet.....wait until this false economy bursts when the dust settles after the pandemic!

Teachers blamed if schools closed cause they have a Jab snot, Covid causes house pice 🚀 best day ever for GOV

Some ppl have being saying, supply isnt an issue.

Although there's growing evidence that people are leaving Dublin in their droves.

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