House prices jump by €20,000 amid Covid ‘supply shock’

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 98%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

House prices jump by €20,000 amid Covid-19 ‘supply shock’

The report said the average sales price nationally was €275,751, up from €256,000 a year ago. In Dublin, the average asking price was €398,127.

“The total number of homes listed for sale in the 12 months to February nationwide was just 45,700, down a third on the previous 12-month period. This sudden collapse in supply – at a time when demand has held up remarkably well – has converted into sharp upward pressure on prices,” he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in PROPERTY

Property Property Latest News, Property Property Headlines