Eva OsborneLack of supply of properties to the housing market is responsible for climbing house prices, according to estate agency Auctioneera. Brokers Ireland joined in, stating that it is "obvious" that something different is needed to stimulate more supply. Prices in Dublin rose by 10.8 per cent and prices outside Dublin were up by 9.6 per cent. Auctioneera estate agency director, Helen O’Keeffe, said the figures released on Wednesday "just underline what we are seeing every day in the Irish property market". "At the crux of the issue with price rises is the lack of supply of properties to the market.

Source: The Herald October 16, 2024 19:01 UTC