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The number of houses available for sale in Dublin has risen by 32%

Written by Robert McHugh, on 18th Jun 2018. Posted in Ireland

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There has been a dramatic rise in the number of houses available for sale in Dublin according to new figures from property website, MyHome.ie. The report shows that there are currently 5,083 houses on sale in the capital, a rise of 32% on the 3,860 which were on the market this time last year.

The main increases of between 45% to 50% were in Dublin 13, 5, 1, 7, 22, 24, 4 and 6 while the smallest increases were in Dublin 11 and 3. The increase in stock has largely been confined to Dublin with the number of homes available outside the capital remaining largely unchanged.

Speaking today, Managing Director of MyHome.ie, Angela Keegan said, "As we all know the shortage of houses is most acute in our capital so it is very encouraging to see more houses coming on the market. Clearly rising prices have encouraged more homeowners to put their properties up for sale."

She added, "The main increases of between 45% to 50% were in Dublin 13, 5, 1, 7, 22, 24, 4 and 6 while the smallest increases were in Dublin 11 and 3. The increase in stock has largely been confined to Dublin with the number of homes available outside the capital remaining largely unchanged."

Source: www.businessworld.ie

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