Ronan Lyons: A two-speed housing market emerges
Late March saw the release of the latest Daft.ie Sales Report. It suggests that Ireland’s housing market may be entering a new phase. Prices are still rising, but more slowly. Supply remains tight, but availability is improving in some places. And perhaps most importantly, the market is not moving in the same direction everywhere at once. Instead, different parts of the country appear to be experiencing different housing markets. Nationally, the rate of increase in both listed and transaction prices has slowed over the past year. Early figures suggest that transaction prices were broadly stable in the first quarter of…
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