Housing stock slowly improving

There is good demand for new Cork developments and buyers are prepared to wait, writes Ruth Wildgust

26th June, 2016
Catherine McAuliffe, director of residential property, Savills Cork Picture: John Allen

Whether trading up, seeking an investment property or holding out for a new build, buyers in Cork are facing a shortfall in housing stock. There is strong demand for new developments coming on stream as the market returns to growth.

“The market continues to improve gradually in Cork after rising at a steady pace over the past year,” said Catherine McAuliffe, director of residential property at Savills Cork.

“A very healthy first-time buyer...

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