Property prices predicted to cool after some homes rise by almost 100,000 in a year
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Property prices predicted to cool after some homes rise by almost 100,000 in a year
"In some places, up to 60pc of housing stock now comes from landlords exiting the sector"
"House prices rose by as much as €100,000 in the last year in some parts of Dublin, but agents say the market is expected to cool this year."
"The Institute of Professional Auctioneers and Valuers (IPAV) said it expects price growth to remain below 5pc this year, after house prices grew by 7.9pc last year."
In some places, up to 60% of housing stock now comes from landlords exiting the sector. House prices rose by as much as €100,000 in the last year in some parts of Dublin. Agents expect the market to cool this year. The Institute of Professional Auctioneers and Valuers (IPAV) expects price growth to remain below 5% this year after house prices grew by 7.9% last year. Rapid price increases in Dublin have contrasted with forecasts for slower national growth. Significant landlord selling has materially altered local housing supply in affected areas.
Read at Independent
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