Property Year In Review
Colliers: Residential and farm land markets prove resilient despite global challenges
Interest rate hikes and two major wars have taken their toll but though there is less need for offices, demand for homes in Ireland is still outstripping supply
This has been has been an interesting year for both the residential and country homes market, where a challenging global economic environment has impacted performance significantly.
To understand the market pressures and what happened throughout the year we need to look at the main influencing events and issues.
Top of the agenda is the European Central Bank’s imposition of ten consecutive interest rate hikes with the main refinancing rate now standing at 4.5 per cent. ...
