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Chain reaction: house prices up €30k as buyers, sellers struggle

The price of property has risen at double-digit rates in just six months, but no one is happy or winning

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IPAV Residential Property Price Barometer | Results for July - December 2021

IPAV Residential Property Price Barometer | Results for July - December 2021

IPAV Residential Property Price Barometer | Results for July - December 2021 - not all areas of Dublin are included in the research

IPAV Residential Property Price Barometer | Results for July - December 2021 - not all areas of Dublin are included in the research

IPAV Residential Property Price Barometer | Results for July - December 2021

IPAV Residential Property Price Barometer | Results for July - December 2021

Dillon Murtagh of Murtagh Brothers Auctioneers

Dillon Murtagh of Murtagh Brothers Auctioneers

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House prices increased by almost €30,000 on average last year, according to new figures underlining the worsening effects of supply constraints on the property market.

A lack of new homes is preventing second-hand houses coming on to the market because sellers fear they will not find a replacement, Pat Davitt of the Institute of Professional Auctioneers and Valuers (IPAV) warned. “The storm clouds of rising inflation could scupper many prospective buyers,” he said.


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