House prices in Ireland have increased by 3.8% in the second quarter of 2022, according to new figures released by Daft.ie.
In Dublin prices have shot up by 6.6% but compared to other cities in Ireland that is relatively modest growth; in Cork the cost of buying has gone up by 9.4%, in Limerick city the increase was 11.1%, while in Galway city it was 13% and in Waterford an eye watering 13.5%.At the beginning of June there were 12,400 homes on the market - up from 10,000 in March.“There are some signs that both sides of the market may be turning,” Mr Lyons said.
“On the demand side, the rise in interest rates, prompted by inflation, will feed through to housing demand in due course.
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