Demand for Dublin homes still outstripping supply

Despite the uncertainty caused by Covid-19, Dublin’s second-hand residential market proved remarkably resilient in 2020, with prices remaining steady

13th December, 2020
Demand for Dublin homes still outstripping supply
Some 50 per cent fewer homes on the Dublin residential sales market were sold in April and May compared to the same period of 2019.

It was a strange and surprising year in the parts of the Dublin residential sales market in which we operate.

It started well with steady levels of activity experienced in the first three months; 2,660 second-hand properties sold across Dublin, a similar level to 2019. Much of this demand was a build-up from late 2019, when purchasers postponed decisions due to Brexit uncertainty.

The revival of enthusiasm was short-lived, however, and in mid-March, when Covid-19 became much more...

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