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Houses For Sale Fall By 40% While Prices Rise By 12%

The number of homes available to buy has fallen by more than 40% in the last year. That's according...
Ben Finnegan
Ben Finnegan

11:39 AM - 28 Mar 2022



Houses For Sale Fall By 40% Wh...

News

Houses For Sale Fall By 40% While Prices Rise By 12%

Ben Finnegan
Ben Finnegan

11:39 AM - 28 Mar 2022



The number of homes available to buy has fallen by more than 40% in the last year.

That's according to a new report from MyHome.ie, which has found asking prices are up 12% annually.

A separate report from Daft.ie shows the average listed price is €415,000 in Dublin and €250,000 outside the cities.

Author of the report, Ronan Lyons, says it's a different picture in different parts of the country:

"If you look now compared to a year ago there's a big urban-rural split - prices in rural parts of the country are up a lot more in percentage terms than they are in the cities.

"The signals in the last three or six months are if anything - it's as bad everywhere as it is anywhere - if that makes sense.

"It's down to a lack of supply ultimately."



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