Remote working linked to surge in house prices outside Dublin

A heady cocktail of a lack of supply combined with a surge in demand is sending asking prices up outside the capital, as more people consider departing cramped cities for the bucolic bliss of the countryside.

However, while asking prices are rising all over, there is a clear distinction in properties outside towns and cities and those in more rural areas, as people start to put their pandemic moving plans into action., RE/MAX Ireland head of operations and author of the report, puts the shift down to “confidence in improving broadband, employer assurances around hybrid working, and the attraction of greater indoor and outdoor space link directly to the pandemic”.

Areas within commuting distance of Dublin also reported strong growth. In Carlow, for example, asking prices rose by 14.4 per cent on the year to an average list price of €226,391, while Kildare reported annual growth of 11.7 per cent for an average asking price of €307,726., regional director of RE/MAX Ireland, says the group has seen considerable growth in demand from those relocating from cities in the past 18 months.

Good for the LPT receipts then.

How about 'overpopulation and too much immigration, not enough building linked to rising house prices', there fixed it for yas

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