Friday 17 November 2017

Paul Melia: Number of bulk buys has soared over six years

Stock photo
Stock photo
Paul Melia

Paul Melia

More than 280 homes are being bought every month by property funds as cash-rich investors continue to snap up much-needed homes.

An analysis of the Property Price Register shows that 777 houses and apartments were sold in the first 10 weeks of this year for almost €140m as families struggle to buy or rent a property.

The data, analysed by the Independent.ie data science team, shows there has been a continuous rise in purchases by investors since 2010.

Please sign in or register with Independent.ie for free access to Opinions.

Sign In

Promoted Links

Today's news headlines, directly to your inbox every morning.

Don't Miss