“Resilient demand, rising price inflation and persistent supply side challenges.”
Sherry FitzGerald, Ireland’s largest estate agent, reported today (Thursday, March 28th, 2024) that the average value of second-hand homes in Ireland increased by 2.0%[i] in the first quarter of 2024. Overall, average values have increased 5.1% over the past twelve months. This compared to annualised growth of 3.6% in the year ending quarter one 2023.
[i] The Sherry FitzGerald house price index model reflects achieved prices which results in a differential when compared to other industry commentators using data sources such as vendor expectations, asking prices, average values etc.