Number Of Properties For Sale Hits 9 Year Low According To New DAFT.ie Report

With house prices rising by an average of 5.9% in the past three months.

New AssetFile

Further proof of the housing crisis comes in the form of Daft.ie's latest House Price Report released today...

Prices have remained stable enough in Dublin, with prices rising just 0.9% in the last year - compared to a rise of 9.7% on average outside Dublin. 

The total number of properties for sale at any one time continues to fall. At less than 24,000, this is now at its lowest point since February 2007. The biggest falls in availability are now occurring outside Leinster. Across Munster, Connacht and Ulster, there were 13,500 homes for sale in April 2016, compared to almost 21,000 two years previously.

Daft.ie
2016 Q1 House Price Infographic Daft

It is clear from these stats that Irish housing reform has never been more urgent. 

You can check out the full report here.

READ NEXT: un5 Great Rooms You Can Rent In Dublin For €600 (Or Less) A Month

Written By

Fíodhna Horan Murphy

Fíodhna is deputy editor of Lovin Dublin and the Lovin Group. She's mad into music, gigs, cans by the canal and anything leopard print.

Comments