Wednesday October 21, 2020

Fast-forward for sales as sector finally speeds up

After months of stasis in the market, property transactions are suddenly starting to go quicker

10th October, 2020
No 4 Priestfield Cottages off the South Circular Road in Dublin 8 the house was in the process of being extended, however, internal building works had not been completed. It was sold within six weeks

Average property transactions in Ireland over the past few years have tended to take anywhere from five to seven months to complete, an eternity compared to our European counterparts. But while Covid-19 slowed the sector down even more earlier this year, the pendulum has now shifted and sales are speeding up.

In this supplement last week, DNG chief executive Keith Lowe offered an example of a property in Rathgar in Dublin 6, which completed within...

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