Recent rollercoaster ride belies underlying strength of property market

The majority of house sales that fell through in Q2 have been resold in Q3, with many achieving sale prices ahead of their pre-pandemic levels

4th October, 2020
Recent rollercoaster ride belies underlying strength of property market
There has been multiple bidding on many second-hand properties in recent months due to pent-up demand and a reduction in the number of new homes being made available to the market

In Dublin, the residential property market has been on something of a rollercoaster ride over the last six months, with prices dropping by 2.4 per cent in Q2 and rising by 2.6 per cent in Q3 as the Covid-19 virus and consequent restrictions impacted on the market.

Anecdotal evidence in the three months of lockdown during Q2 suggests that up to 25 per cent of sales in Dublin did not proceed for a variety of reasons.

Market uncertainty...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

How do we accommodate the office of the future?

House prices rise 10 per cent nationally in last 12 months

House prices to rise 7% in capital this year

The smarter your house is, the longer you can live at home as you age