Housing market holds no cheer for Government

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 25 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 98%

Cantillon News

Housing-Crisis,Darragh-O-Brien,Davy-Group

CSO data shows prices are still rising strongly and supply remains as big an issue as ever

Data from the Central Statistics Office indicates that prices have jumped by 8.6 per cent across the State – and by more than that in Dublin. The median price of a property across the State is now €337,500, rising as high as €631,000 in Dún Laoghaire Rathdown.

Davy has already waved the white flag on its full-year forecast for a 7.5 per cent rise in prices across the whole of 2024. While housing supply tends to be skewed to the second half of the year, the market is unlikely to come anywhere close to the slowdown required to hit that target.Can anyone stop Google’s monopoly? AI just might

It said baldly that, even though many countries are experiencing housing crises, the shortage of housing in Ireland is on a different scale.

 

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 CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Live News: Bumble stocks fall; CSO inflation report; Ion posts profit increaseBite-sized servings of the latest in business, tech and current affairs
Source: businessposthq - 🏆 8. / 71 Read more »