Sherry FitzGerald managing director Marian Finnegan said one of the key factors sustaining strong price growth was a chronic lack of supply in the second-hand market. Photograph: Cyril Byrne
In the capital, asking prices for second-hand homes rose at an even swifter rate of 2.1 per cent during the quarter, while price inflation outside Dublin increased by 1.9 per cent. Activity in the second-hand market saw a minor reduction, with about 49,650 units sold in 2023, a reduction of 50 units transacting when compared with 2022, it said.