Last week the usual quarter-end tranche of reports on the sales segment of Ireland’s housing market, including the daft.ie report, with which I’m involved, were published. The headline findings of that report included a 1 per cent rise between June and September, which meant that prices in the third quarter of the year were 9.1 per cent higher than the same period in 2020. That’s certainly an unhealthily high rate of inflation – if supply were adequate, one would expect housing prices to rise by the same rate as prices in the wider economy. However, it marks a fall in…
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