Irish economy

MyHome Property Report, Q1 2021

DAVY VIEW

Today’s MyHome report shows asking price inflation moderating to 4% in Q1 2021 from 6% at end-2020, which we believe was artificially inflated by the distorted seasonal pattern of activity in 2020. The housing market was surprisingly resilient during the third lockdown, and a swift resumption of activity is likely once restrictions are lifted. Nonetheless, the stock listed for sale is still down 35% to 12,000, pointing to a tighter market.

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Apr 9 2021, 07:00 IST/BST

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