Between March and April last year, just weeks into the first lockdown, 10pc of Mr Reilly's tenants ended their tenancy prematurely and left the area. Properties rented through Mr Reilly's agency cost on average €2,312 a month, just 7pc below 2019. First-time buyers made up 57pc of all buyers during the year while investor buyers fell from 47pc to 26pc. In March and April, close to 60pc of Mr Reilly's sales fell through, almost all of them because investors pulled out. Beyond that, Mr Reilly had only a handful of transactions.

Source: The Herald January 29, 2021 02:32 UTC