Ken tells us to 'buy' as he takes us to a better place
This column entered a friendly ding-dong with Hooke MacDonald's Ken MacDonald (right) last autumn.
When it comes to talking up the residential property market, Ken has long been known as the man they couldn't silence, but when he said last October that by June, things would "be in a better place", we had to ask him to "walk the walk".
"I am delighted to be able to confirm that we certainly are at a better place than when we discussed the matter last October," says Ken.
"The market in the lead up to Christmas went very quiet and indeed the first three months of this year were also less than buoyant. However, since the beginning of April we have had a fantastic six weeks of sales in new home developments mainly in Dublin but also in Dundalk and Meath."
Ken provides figures showing that Hooke MacDonald have registered sales of "just over €170m" in the past six weeks.
Finally, Ken cuts to the chase by saying "in fact I would have no hesitation recommending any friends of mine to buy at the present time because with the sharp reduction in new starts, it is inevitable that there will be a shortage of supply in Dublin in the very near future".
OK Ken, I'm convinced. I'll take two.
Now, if I could just get a mortgage...
