Sunday October 25, 2020

A case of swings and roundabouts?

Two reports released last week have raised hopes that the property market is improving, but is this simply another false dawn, asks Tina-Marie O'Neill.

24th August, 2013
The overriding problem in Dublin and the Leinster region is a lack of supply, particularly of good quality family homes. Photo: Feargal Ward

Figures released by the Central Statistics Office (CSO) for July and by the Irish Banking Federation (IBF) for the second quarter of this year suggest the property market crash may finally have come to a halt and the market may be stabilising.

Yet both reports reveal a stark two-tier stabilisation, pitting the improving performance of the capital against an unchanged situation in the rest of the country. It again reinforces the traditional adage 'location, location,...

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