Tuesday July 14, 2020

Sales of new and second-hand homes rise by 14 per cent

10th June, 2018
Marian Finnegan, chief economist, Sherry Fitzgerald Group

The latest available data from the Property Price Register (PPR) reveals that just over 54,000 second-hand and new residential units transacted over the course of 2017. This represents a 14 per cent increase in activity compared with 2016 and equates to 2.7 per cent of the total national private housing market.

The end-of-year figures are the most accurate data available, due to the time lag in logging transactions to the PPR. When multi-family/portfolio sales are excluded, the figure falls to...

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