‘A Chronic Lack Of Supply’

at | 11 Replies

 

This morning.

Via RTÉ News:

The report by myhome.ie claims prices in Dublin were 7.3% higher in the period between July and September compared to the same three months in 2020.

Daft.ie’s analysis, however, puts that rate of price growth in the capital at 4.9%.

Myhome.ie calculates that outside of Dublin inflation ran at around 10.1% over the period.

This compares to daft.ie’s estimate, which puts the increase during the quarter outside of the main cities at 12.9% year on year.

Despite the differences in the findings of the two reports, both agree that the rate of residential property price inflation continues to be driven by a chronic lack of supply and high demand.

Asking prices for homes rose 9% in third quarter, but rate eases (RTÉ)

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11 thoughts on “‘A Chronic Lack Of Supply’

  1. Diddy

    Ismael old story so. Meanwhile the language schools are ramping up visas for non EU language students to add another spoke of demand into the trickle of P!ss that is supply. That’s ok by IBEC so that’s ok by government

    Reply
    1. D-troll

      tks, good find. i actually remember reading that article. but id no money then and no money now. so buying isnt something i have to think about

      Reply
    1. GiggidyGoo

      Are AirBnB that busy though at the moment? I’d have thought that their business would have collapsed and would be slow to recover?

      Reply
  2. D-troll

    there are enough gaffs for everyone. walk down the affluent areas of dublin and tehy are all empty. all off in their french riveria villas.

    government just need to bring in a tax on vacancy or underused properties.

    either that or we get a communist government in and start moving families into underused homes.

    Reply

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