Lack of Homes for Sale Slowing Down the Housing Market
The Irish real estate market is slowly moving down the road to recovery. Home values are up, but home sales are struggling and the reason for this is simple, its a lack of supply, with the supply of new homes no where near where it needs to be.
Buyer demand continues to be strong, but supply is not keeping up.
The dismal number of listings in the affordable price range is squeezing prospective first-time buyers the most. The lack of supply is really driving up home prices.
If you are thinking of selling, now may be the time. Demand for your house will be strong at a time when there is very little competition. That could lead to a quick sale for a really good price.