Property Year In Review

Coonan Property: Another year of short supply and high demand

The country house, farm and stud farm division was particularly buoyant for Coonan estate agents

Knocktoran Stud, on 251 acres, whose sale this year was a highlight for Coonan’s country house, farm and stud farm division

This year began with a high degree of uncertainty, mainly due to the ongoing war in Ukraine and the industry was unclear on what effect this would have on the market.

The other looming factor was the prospect of further interest rate increases which were being flagged by the ECB.

Overall, the 2023 residential market was similar to that of 2022, with high levels of demand from buyers across all price levels from first time-buyers ...