If you’re trying to buy a home, a report this week from estate agent Sherry FitzGerald on house prices and available stock won’t have lifted your mood.
The supply of second-hand properties for sale in Ireland has fallen by almost a third since the pandemic, according to Sherry Fitz figures.
And it found that annual house price inflation was running at 5.5 per cent for the 12 months to the end of June, up from 3.4 per cent at the same time last year.
Figures from the CSO last week told a similar story.
Johnny Ronan firm buys back Bewley’s building and other ‘crown jewels’ from receivers
Property group PHP pays €22m for Laya health and wellbeing clinic in Cork
Consumers to face more pain as SSE Airtricity raises gas and electricity prices
McLaren sponsor Glanbia faces struggle convincing investors it can get back on track
On this episode of Inside Business, host Ciarán Hancock picks through the latest data points with Marian Finnegan, managing director of Sherry FitzGerald, and Eoin Burke Kennedy, economics correspondent with The Irish Times.
Produced by John Casey with JJ Vernon on sound.
